SP/TSX rose +0.6% (+124 pts), closed at 21947 points, rose 3 days in a row, fell -0.1% (-22 pts) for the week, crossed above MA20 and MA50 (21911 pts, 21850 pts).
Among the 150 largest-cap stocks, 93 (62%) closed higher. 71% of all TSX stocks ended higher, good for the market.
In terms of sectors, 10 sectors closed up, 1 sector closed down, 1 sector remained unchanged, ranging from -1.5% to +1.7%. 5 sectors outperformed the market. The market was up +0.5%; Technology was up +1.7%, the best performer, reflecting an increasing risk appetite; Healthcare was down -1.5%, the worst performer.
● First Quantum Minerals (FM) largely rebounded +10.7% (+$1.8) after a 4-day losing streak, closed at $18.58, hit a YTD high, rose +1.7% (+$0.31) for the week, rose 6 weeks in a row. The best performer today but with average volume.
360miq.com/stockinfo?code=FM.TO
● Open Text (OTEX) sank -14.8% (-$7.16), closed at $41.38, hit a YTD low, fell -15.2% (-$7.4) for the week. The worst performer today with the largest increase in volume.
360miq.com/stockinfo?code=OTEX.TO
● Stella-Jones (SJ) plunged -9.4% (-$7.51), closed at $72.49, the worst % loss in more than 49 months, also a 34-day low, fell -11.4% (-$9.29) for the week after a 2-week winning streak, crossed below MA50 and MA200 ($77.85, $74.03).
360miq.com/stockinfo?code=SJ.TO
360miq.com/market?data=TSX#tab-3
