SP/TSX fell -0.7% (-147 pts), closed at 21058 points, fell 3 days in a row, crossed below MA20 and MA50 (21211 pts, 21176 pts).
Among the 150 largest-cap stocks, 38 (25%) closed higher. 34% of all TSX stocks ended higher.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -1.8% to 0.3%. 4 sectors outperformed the market, the market internal was more negative. The market was down -0.6%; Utilities was up 0.3%, but already the best performer, reflecting a more conservative market sentiment; Consumer Defensive, Consumer Cyclical were down -1.8%, the worst performers.
● Brookfield Infrastructure (BIPC) largely rebounded 2.9% (+$2.36) after a 3-day losing streak, closed at $82.71, the best % gain in more than 2 months, crossed above MA50 ($80.69). The best performer but with average volume.
360miq.com/stockinfo?code=BIPC.TO
● Dollarama (DOL) fell -2.1% (-$1.3), closed at $61.78, the worst % loss in more than 1 month, crossed below MA20 ($62.83). The largest increase in volume.
360miq.com/stockinfo?code=DOL.TO
● Magna International (MG) sank -4.8% (-$5.08), closed at $100.91, fell 3 days in a row, the worst % loss in nearly 6 months, crossed below MA50 ($104.31). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=MG.TO