SP/TSX slightly rose +0.2% (+52.4 pts), closed at 21708 points, is testing MA50 (21670 pts).
Among the 150 largest-cap stocks, 80 (53%) closed higher. For 2 days in a row, SP/TSX rose but more than half of TSX stocks ended lower. Today, 46% of all TSX stocks rose with the index. The market is relatively tiring.
In terms of sectors, 7 sectors closed up, the market internal was more positive, 4 sectors closed down, 1 sector remained unchanged, ranging from -0.4% to +0.9%. only 2 sectors outperformed the market. The market was up +0.2%; Basic Materials was up +0.9%, the best performer; Healthcare was down -0.4%, but already the worst performer.
● First Quantum Minerals (FM) largely rebounded +8.9% (+$1.31), closed at $16.09, the best % gain in 1 month, crossed above MA20 ($14.9). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=FM.TO
● Canadian Tire (CTC) largely retreated -5.3% (-$12.93), closed at $229. The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=CTC.TO