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TSX Market Update 2022-10-18

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SP/TSX rose 1% (+177 pts), closed at 18798 points, crossed above MA20 (18702 pts).

Among the 150 largest-cap stocks, 108 (72%) closed higher, 94 of them rose with a lower volume. 72% of all TSX stocks ended higher, good for the market.

In terms of sectors, all sectors were up with gains from 0.2% to 1.7%. 5 sectors outperformed the market. The market was up 0.9%; Technology was up 1.7%, the best performer, reflecting a more aggressive market sentiment; Healthcare was up 0.2%, but already the worst performer.

● Innergex Renewable Energy (INE) surged 4.4% (+$0.64), closed at $15.33, the best % gain in more than 7 months. The best performer with a slight decrease in volume.
360miq.com/stockinfo?code=INE.TO

● First Quantum Minerals (FM) plummeted -4.5% (-$1.08), closed at $22.89, fell 3 days in a row, crossed below MA20 and MA50 ($23.3, $23.59). The worst performer but with average volume.
360miq.com/stockinfo?code=FM.TO

● Canadian Tire (CTC) rebounded 2.4% (+$6.31), closed at $269.82. The largest increase in volume.
360miq.com/stockinfo?code=CTC.TO

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