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TSX Market Update 2022-10-27

360MiQ 0

SP/TSX rose 0.4% (+72.1 pts), closed at 19352 points, rose 5 days in a row.

Among the 150 largest-cap stocks, 77 (51%) closed higher. 50% of all TSX stocks ended higher.

In terms of sectors, 7 sectors closed up, the market internal was more positive, 4 sectors closed down, 1 sector remained unchanged, ranging from -2.7% to 4.5%. 3 sectors outperformed the market. The market was up 0.3%; Technology was up 4.5%, the best performer, reflecting an increasing risk appetite; Healthcare was down -2.7%, the worst performer.

● Shopify (SHOP) largely rebounded 17.1% (+$6.76), closed at $46.22, the best % gain in 85 months, also a 47-day high, crossed above MA50 ($41.01). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=SHOP.TO

● Bausch Health Companies (BHC) largely retreated -7.5% (-$0.73) after a 5-day winning streak, closed at $9.03, crossed below MA20 ($9.39). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=BHC.TO

● Tricon Residential (TCN) sank -6.6% (-$0.8), closed at $11.41, the worst % loss in 31 months, crossed below MA20 ($11.78).
360miq.com/stockinfo?code=TCN.TO

360miq.com/market?data=TSX#tab-3

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