SP/TSX largely rose 1.8% (+342 pts), closed at 18938 points, rose 3 days in a row, the best % gain in 2 months, crossed above MA20 (18876 pts).
Among the 150 largest-cap stocks, 127 (85%) closed higher. 74% of all TSX stocks ended higher, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -0.2% to 2.9%. 6 sectors outperformed the market. The market was up 1.8%; Consumer Cyclical was up 2.9%, the best performer, reflecting an increasing risk appetite; Utilities was down -0.2%, but already the worst performer.
● Franco-Nevada (FNV) fell -2.4% (-$3.92), closed at $159.73, fell 4 days in a row, hit a YTD low. The worst performer with a slight decrease in volume.
360miq.com/stockinfo?code=FNV.TO
● West Fraser Timber Co (WFG) soared 14.7% (+$15.89), closed at $123.83, the best % gain in nearly 28 months, also an 83-day high, crossed above MA50 and MA200 ($108.4, $111.42). The best performer with the largest increase in volume.
360miq.com/stockinfo?code=WFG.TO
● Canfor (CFP) surged 8.7% (+$2.12), closed at $26.6, the best % gain in more than 6 months, also a 29-day high.
360miq.com/stockinfo?code=CFP.TO
360miq.com/market?data=TSX#tab-3
