SP/TSX largely fell -1.6% (-348 pts), closed at 21650 points, the worst % loss in nearly 3 months, also a 24-day low, crossed below MA20 (21909 pts).
Among the 150 largest-cap stocks, 15 (10%) closed higher. Only 19% of all TSX stocks ended higher, the least for nearly 3 months.
In terms of sectors, all sectors were down with losses from -0.3% to -4.1%. 7 sectors outperformed the market. The market was down -1.7%; Utilities was down -0.3%, but already the best performer, reflecting a decreasing risk appetite; Basic Materials was down -4.1%, the worst performer.
● Air Canada (AC) largely rose 2.8% (+$0.66), closed at $24.66, rose 3 days in a row. The best performer with a significant increase in volume.
360miq.com/stockinfo?code=AC.TO
● Lithium Americas Corp (LAC) tanked -12.4% (-$4.9), closed at $34.73, the worst % loss in nearly 15 months, also a 24-day low, crossed below MA50 ($37.77). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=LAC.TO
360miq.com/market?data=TSX#tab-3
