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TSX Market Update 2022-11-23

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SP/TSX slightly rose 0.3% (+62.3 pts), closed at 20282 points, a 114-day high.

Among the 150 largest-cap stocks, 94 (63%) closed higher. 73% of all TSX stocks ended higher, good for the market.

In terms of sectors, 9 sectors closed up, the market internal was more positive, 3 sectors closed down, ranging from -1.1% to 1.8%. 6 sectors outperformed the market. The market was up 0.3%; Technology was up 1.8%, the best performer, reflecting an increasing risk appetite; Consumer Cyclical was down -1.1%, the worst performer.

● Innergex Renewable Energy (INE) soared 4.3% (+$0.67), closed at $16.41, the best % gain in 1 month, also a 32-day high, crossed above MA50 ($16.38). The best performer but with average volume.
360miq.com/stockinfo?code=INE.TO

● West Fraser Timber Co (WFG) largely fell -3.8% (-$4.27), closed at $108.92, crossed below MA200 ($110.29). The worst performer but with average volume.
360miq.com/stockinfo?code=WFG.TO

● Summit Industrial Income REIT (SMU-UN) fell -1.5% (-$0.34), closed at $22.25. The largest increase in volume.
360miq.com/stockinfo?code=SMU-UN.TO

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

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