SP/TSX fell -0.6% (-138 pts) after a 5-day winning streak, closed at 21874 points, crossed below MA20 (22005 pts).
Among the 150 largest-cap stocks, 84 (56%) closed higher. 48% of all TSX stocks ended higher.
In terms of sectors, 4 sectors closed up, 7 sectors closed down, 1 sector remained unchanged, ranging from -2.4% to +1%. 7 sectors outperformed the market. The market was down -0.5%; Consumer Defensive was up +1%, the best performer, reflecting a decreasing risk appetite; Industrials was down -2.4%, the worst performer.
● Champion Iron (CIA) largely rose +4.2% (+$0.25), closed at $6.22, rose 3 days in a row, the best % gain in nearly 5 months, crossed above MA20 and MA200 ($6.13, $6.2). The best performer with a significant increase in volume.
360miq.com/stockinfo?code=CIA.TO
● Canadian Pacific Kansas City (CP) largely retreated -6.3% (-$7.54) after a 4-day winning streak, closed at $112.23, the worst % loss in 49 months, also a 54-day low, crossed below MA20 and MA50 ($118.16, $118.12). The worst performer with a significant increase in volume.
360miq.com/stockinfo?code=CP.TO
● Canadian National Railway (CNR) plummeted -4.8% (-$8.44), closed at $168.35, the worst % loss in 28 months, also a 57-day low, crossed below MA50 ($175.65).
360miq.com/stockinfo?code=CNR.TO
360miq.com/market?data=TSX#tab-3
