SP/TSX jumped 2.9% (+547 pts), closed at 19626 points, rose 4 days in a row, the best % gain in more than 11 months, crossed above MA20 (19239 pts).
Among the 150 largest-cap stocks, 122 (81%) closed higher. 85% of all TSX stocks ended higher, the most in more than 11 months, good for the market.
In terms of sectors, all sectors were up with gains from 0.8% to 9.1%. 4 sectors outperformed the market. The market was up 2.6%; Technology soared 9.1%, the best performer, reflecting an increasing risk appetite; Basic Materials was up 0.8%, but already the worst performer.
● Shopify (SHOP) jumped 21.3% (+$14.42), closed at $82.08, rose 4 days in a row, the best % gain in nearly 6 months, also a 32-day high, crossed above MA20, MA50 and MA200 ($70.72, $75.94, $73.25). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=SHOP.TO
● Lightspeed Commerce (LSPD) soared 14.7% (+$2.55), closed at $19.85, the best % gain in more than 17 months, also a 30-day high, crossed above MA20 and MA50 ($18.63, $19.69).
360miq.com/stockinfo?code=LSPD.TO
● Gildan Activewear (GIL) largely rebounded 14.8% (+$5.72), closed at $44.43, the best % gain in 32 months, also a 145-day high, crossed above MA20, MA50 and MA200 ($39.61, $38.98, $40.54).
360miq.com/stockinfo?code=GIL.TO
● Colliers International Group (CIGI) largely retreated -7.7% (-$9.9) after a 3-day winning streak, closed at $118.59, the worst % loss in 6 months, also hit a YTD low, crossed below MA20 ($124.51). The largest increase in volume.
360miq.com/stockinfo?code=CIGI.TO
● Maple Leaf Foods (MFI) tanked -8% (-$2.21), closed at $25.28, the worst % loss in nearly 8 months, crossed below MA20, MA50 and MA200 ($25.66, $26.85, $26.34). The worst performer with a slight increase in volume.
360miq.com/stockinfo?code=MFI.TO
360miq.com/market?data=TSX#tab-3
