SP/TSX rose 1.5% (+282 pts), closed at 19255 points, a 20-day high.
Among the 150 largest-cap stocks, 116 (77%) closed higher. 79% of all TSX stocks ended higher, the most in 1 month, good for the market.
In terms of sectors, 9 sectors closed up, 1 sector closed down, 2 sectors remained unchanged, ranging from -1.5% to 4.7%. 3 sectors outperformed the market. The market was up 1.5%; Technology was up 4.7%, the best performer; Consumer Defensive was down -1.5%, the worst performer.
● Shopify (SHOP) largely rebounded 11% (+$4.48) after a 3-day losing streak, closed at $45.17, crossed above MA20 and MA50 ($43.93, $44.73). The best performer with a slight increase in volume.
360miq.com/stockinfo?code=SHOP.TO
● Stelco (STLC) surged 10% (+$3.23), closed at $35.47, the best % gain in more than 14 months, also a 28-day high, crossed above MA20 ($32.74).
360miq.com/stockinfo?code=STLC.TO
● Loblaw Companies (L) largely retreated -3.8% (-$4.59) after a 3-day winning streak, closed at $117.09, the worst % loss in 28 months, crossed below MA20 ($118.53). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=L.TO
360miq.com/market?data=TSX#tab-3
