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TSX Market Update 2023-08-03

360MiQ 0

SP/TSX fell -0.5% (-97.3 pts), closed at 20121 points, fell 3 days in a row, is testing MA200 (20075 pts).

Among the 150 largest-cap stocks, 68 (45%) closed higher. 35% of all TSX stocks ended higher.

In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -2.2% to 1%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.4%; Energy was up 1%, the best performer; Utilities was down -2.2%, the worst performer.

● SNC-Lavalin Group (SNC) jumped 10.1% (+$3.82), closed at $41.7, the best % gain in nearly 3 months, also hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=SNC.TO

● Lightspeed Commerce (LSPD) largely rebounded 7.7% (+$1.67), closed at $23.29, the best % gain in 2 months, crossed above MA20 ($23.06).
360miq.com/stockinfo?code=LSPD.TO

● Spin Master Corp (TOY) jumped 7.5% (+$2.63), closed at $37.56, the best % gain in 3 months, also a 60-day high, crossed above MA200 ($35.44).
360miq.com/stockinfo?code=TOY.TO

● IGM Financial (IGM) plummeted -5.8% (-$2.34), closed at $37.92, the worst % loss in nearly 15 months, also a 145-day low, crossed below MA50 and MA200 ($40.02, $39.04). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=IGM.TO

● Shopify (SHOP) tumbled -5.4% (-$4.5), closed at $78.89, a 42-day low.
360miq.com/stockinfo?code=SHOP.TO

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

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