SP/TSX largely fell -2.1% (-423 pts), closed at 19792 points, fell 4 days in a row, the worst % loss in nearly 1 year, crossed below MA200 (20147 pts).
Among the 150 largest-cap stocks, 6 (4%) closed higher, 5 of them rose with a lower volume. Only 18% of all TSX stocks ended higher, the least for nearly 7 months.
In terms of sectors, all sectors were down with losses from -0.9% to -3.8%. 6 sectors outperformed the market. The market was down -2%; Consumer Defensive was down -0.9%, but already the best performer, reflecting a more risk-averse market; Technology was down -3.8%, the worst performer.
● Allkem (AKE) tanked -5.8% (-$0.6), closed at $9.8, fell 5 days in a row, the worst % loss in nearly 2 months, also a 113-day low. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=AKE.TO
● Teck Resources (TECK-A) tumbled -5.5% (-$3.14), closed at $54.16, fell 4 days in a row, the worst % loss in nearly 4 months, also a 20-day low, crossed below MA20 and MA50 ($56.59, $55.74).
360miq.com/stockinfo?code=TECK-A.TO
360miq.com/market?data=TSX#tab-3
