SP/TSX slightly rose 0.3% (+64.6 pts), closed at 20408 points, rose 3 days in a row, rose 0.8% (+172 pts) for the week after a 2-week losing streak, crossed above MA20 (20396 pts).
Among the 150 largest-cap stocks, 94 (63%) closed higher. For 2 days in a row, SP/TSX rose but more than half of TSX stocks ended lower. Today, 49% of all TSX stocks rose with the index. The market is relatively tiring.
In terms of sectors, 7 sectors closed up, 4 sectors closed down, 1 sector remained unchanged, ranging from -0.7% to 1%. 5 sectors outperformed the market. The market was up 0.4%; Energy was up 1%, the best performer; Utilities, Technology were down -0.7%, the worst performers.
● E-L Financial (ELF) largely retreated -2.6% (-$24.15), closed at $910.85, the worst % loss in nearly 9 months, fell -2.3% (-$21.15) for the week, crossed below MA20 ($923.29). The largest increase in volume today.
360miq.com/stockinfo?code=ELF.TO
● NexGen Energy (NXE) largely rebounded 5.7% (+$0.36), closed at $6.64, the best % gain in more than 2 months, also hit a YTD high, rose 3.4% (+$0.22) for the week, rose 5 weeks in a row, crossed above MA20 ($6.3). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=NXE.TO
● Northland Power (NPI) plummeted -6.3% (-$1.54), closed at $22.73, the worst % loss in 3 months, also hit a YTD low, fell -7.5% (-$1.85) for the week, fell 3 weeks in a row. The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=NPI.TO
360miq.com/market?data=TSX#tab-3
