SP/TSX largely rose 1.9% (+360 pts), closed at 19773 points, rose 3 days in a row, the best % gain in nearly 4 months, rose 2.6% (+502 pts) for the week after a 3-week losing streak, is testing MA20 (19791 pts).
Among the 150 largest-cap stocks, 139 (93%) closed higher. 78% of all TSX stocks ended higher, the most in more than 1 month, good for the market.
In terms of sectors, all sectors were up with gains from 0.1% to 3.6%. 5 sectors outperformed the market. The market was up 1.9%; Technology was up 3.6%, the best performer, reflecting an increasing risk appetite; Utilities was up 0.1%, but already the worst performer.
● Bausch Health Companies (BHC) largely rebounded 9.7% (+$0.85), closed at $9.6, a 29-day high, rose 13.1% (+$1.11) for the week, rose 2 weeks in a row, crossed above MA50 ($8.98). The best performer today but with average volume.
360miq.com/stockinfo?code=BHC.TO
● Aritzia (ATZ) soared 8.1% (+$3.56), closed at $47.67, the best % gain in nearly 8 months, also a 107-day high, rose 9.1% (+$3.97) for the week, rose 2 weeks in a row, crossed above MA200 ($45.32).
360miq.com/stockinfo?code=ATZ.TO
360miq.com/market?data=TSX#tab-3
