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TSX Market Update 2023-05-12

360MiQ 0

SP/TSX slightly rose 0.01% (+1.62 pts), closed at 20420 points, fell -0.6% (-122 pts) for the week, fell 3 weeks in a row.

Among the 150 largest-cap stocks, 93 (62%) closed higher. 48% of all TSX stocks ended higher.

In terms of sectors, 4 sectors closed up, 6 sectors closed down, 2 sectors remained unchanged, ranging from -1.4% to 0.9%. 4 sectors outperformed the market. The market remained unchanged; Utilities was up 0.9%, the best performer, reflecting a decreasing risk appetite; Technology was down -1.4%, the worst performer.

● First Quantum Minerals (FM) largely rebounded 2.9% (+$0.9) after a 3-day losing streak, closed at $31.83, fell -11.1% (-$3.97) for the week after a 2-week winning streak, crossed above MA50 ($31.14). The best performer today but with average volume.
360miq.com/stockinfo?code=FM.TO

● Nuvei (NVEI) largely fell -4% (-$1.97), closed at $47, a 46-day low, fell -13.8% (-$7.54) for the week, fell 3 weeks in a row. The worst performer today with a slight decrease in volume.
360miq.com/stockinfo?code=NVEI.TO

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

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