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TSX Market Update 2023-06-12

360MiQ 0

SP/TSX slightly rose 0.1% (+29.3 pts) after a 3-day losing streak, closed at 19921 points, is testing MA200 (19888 pts).

Among the 150 largest-cap stocks, 71 (47%) closed higher. 55% of all TSX stocks ended higher.

In terms of sectors, 9 sectors closed up, the market internal was more positive, 3 sectors closed down, ranging from -1.5% to 3.5%. 6 sectors outperformed the market. The market was up 0.2%; Technology was up 3.5%, the best performer, reflecting an increasing risk appetite; Energy was down -1.5%, the worst performer.

● Ceridian HCM (CDAY) largely rebounded 3.2% (+$2.72) after a 4-day losing streak, closed at $87.4, crossed above MA50 ($86.41). The largest increase in volume.
360miq.com/stockinfo?code=CDAY.TO

● Lightspeed Commerce (LSPD) jumped 7.5% (+$1.5), closed at $21.57, a 77-day high, crossed above MA200 ($21.41). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=LSPD.TO

● Methanex (MX) tumbled -6.4% (-$3.71), closed at $54.15, fell 3 days in a row, the worst % loss in more than 10 months, also a 108-day low, crossed below MA20 and MA200 ($57.55, $55.62). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=MX.TO

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

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