SP/TSX plummeted -4.7% (-1142 pts), closed at 23193.5 points, the worst % loss in 5 years, also hit a YTD low, fell -6.3% (-1566 pts) for the week, fell 2 weeks in a row, crossed below MA200 (24201 pts).
Among the 150 largest-cap stocks, 8 (5%) closed higher. Only 12% of all TSX stocks ended higher, the least in 2 years.
In terms of sectors, 1 sector closed up, 11 sectors closed down, ranging from -7.9% to +0.6%. 9 sectors outperformed the market. Dragging by Basic Materials and Energy, The market was down -4.8%; Communication was up +0.6%, the best performer; Basic Materials slumped -7.9%, the worst performer.
● Power Corporation of Canada (POW) fell -1.8% (-$0.93), closed at $50.78, rose +0.6% (+$0.28) for the week, rose 3 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=POW.TO
● TFI International (TFII) largely rebounded +5.8% (+$6.24), closed at $113.02, the best % gain in nearly 5 months, rose +3.2% (+$3.46) for the week after a 9-week losing streak. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=TFII.TO
● Secure Waste Infrastructure Corp (SES) plummeted -15.6% (-$2.41), closed at $13, the worst % loss in nearly 25 months, also hit a YTD low, fell -17.9% (-$2.84) for the week after a 3-week winning streak, crossed below MA20, MA50 and MA200 ($15.1, $14.8, $13.95). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=SES.TO
● Ovintiv (OVV) plunged -14.7% (-$8.09), closed at $46.91, the worst % loss in more than 5 years, also hit a YTD low, fell -22.4% (-$13.54) for the week after a 3-week winning streak.
360miq.com/stockinfo?code=OVV.TO
● New Gold (NGD) tumbled -14.6% (-$0.73), closed at $4.27, fell 4 days in a row, the worst % loss in more than 32 months, fell -17.6% (-$0.91) for the week after a 4-week winning streak, crossed below MA20 and MA50 ($4.78, $4.41).
360miq.com/stockinfo?code=NGD.TO
● First Majestic Silver Corp (AG) plummeted -12.7% (-$1.15), closed at $7.92, the worst % loss in 8 months, also a 22-day low, fell -18% (-$1.74) for the week, fell 2 weeks in a row, crossed below MA50 and MA200 ($8.65, $8.5).
360miq.com/stockinfo?code=AG.TO
360miq.com/market?data=TSX#tab-3
