SP/TSX largely rose 1.7% (+344 pts), closed at 21106 points, the best % gain in 2 months, rose 0.5% (+98 pts) for the week, crossed above MA50 (21094 pts).
Among the 150 largest-cap stocks, 118 (79%) closed higher. 80% of all TSX stocks ended higher, the most in nearly 13 months, good for the market.
In terms of sectors, all sectors were up with gains from 0.3% to 2.1%. 4 sectors outperformed the market. The market was up 1.6%; Financial was up 2.1%, the best performer; Utilities, Consumer Defensive were up 0.3%, but already the worst performers.
● Canadian Tire (CTC) plunged -4.8% (-$15.86), closed at $317.27, the worst % loss in more than 1 month, also hit a YTD low, fell -4.7% (-$15.73) for the week after a 2-week winning streak, crossed below MA20 and MA50 ($326.99, $322.92). The worst performer today with a significant decrease in volume.
360miq.com/stockinfo?code=CTC.TO
● Turquoise Hill Resources (TRQ) surged 6.4% (+$1.6) after a 6-day losing streak, closed at $26.69, the best % gain in 1 month, rose 2.5% (+$0.66) for the week. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=TRQ.TO
● Crescent Point Energy Corp (CPG) spiked 5.7% (+$0.47), closed at $8.75, rose 3 days in a row, the best % gain in more than 1 month, also hit a YTD high, rose 6.2% (+$0.51) for the week, crossed above MA20 ($8.35).
360miq.com/stockinfo?code=CPG.TO
● Canadian Imperial Bank Of Commerce (CM) largely rebounded 5.6% (+$8.71), closed at $163.61, the best % gain in nearly 21 months, rose 1.9% (+$3) for the week after a 2-week losing streak, crossed above MA20 and MA50 ($162.12, $157.14).
360miq.com/stockinfo?code=CM.TO
360miq.com/market?data=TSX#tab-3
