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TSX Market Update 2022-11-10

360MiQ 0

SP/TSX largely rebounded 3.3% (+646 pts), closed at 19990 points, the best % gain in 31 months, also a 52-day high.

Among the 150 largest-cap stocks, 141 (94%) closed higher. 87% of all TSX stocks ended higher, the most in 2 years, good for the market.

In terms of sectors, all sectors were up with gains from 1% to 5.6%. 5 sectors outperformed the market. The market was up 3.2%; Healthcare, Technology were up 5.6%, the best performers; Consumer Defensive was up 1%, but already the worst performer.

● CAE (CAE) largely rebounded 18.2% (+$4.38), closed at $28.43, a 64-day high, crossed above MA20 ($24.64). The best performer with a huge increase in volume.
360miq.com/stockinfo?code=CAE.TO

● Shopify (SHOP) largely rebounded 16.5% (+$6.88), closed at $48.65, a 59-day high, crossed above MA20 ($42.73).
360miq.com/stockinfo?code=SHOP.TO

● Nuvei (NVEI) largely rebounded 16.3% (+$5.89), closed at $41.97, the best % gain in more than 10 months, also a 35-day high, crossed above MA20 and MA50 ($39.21, $39.39).
360miq.com/stockinfo?code=NVEI.TO

● Linamar (LNR) largely rebounded 7.9% (+$4.52) after a 3-day losing streak, closed at $61.5, the best % gain in nearly 3 months, also a 33-day high, crossed above MA20, MA50 and MA200 ($57.76, $59.57, $57.73).
360miq.com/stockinfo?code=LNR.TO

● Vermilion Energy (VET) plunged -8% (-$2.36), closed at $27.25, fell 3 days in a row, a 31-day low, crossed below MA200 ($27.73). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=VET.TO

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

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