SP/TSX surged 2.6% (+490 pts), closed at 19371 points, rose 3 days in a row, the best % gain in 29 months, crossed above MA20 (19138 pts).
Among the 150 largest-cap stocks, 139 (93%) closed higher. 78% of all TSX stocks ended higher, the most in 2 months, good for the market.
In terms of sectors, all sectors were up with gains from 1% to 5.7%. 3 sectors outperformed the market. The market was up 2.6%; Technology was up 5.7%, the best performer, reflecting an increasing risk appetite; Consumer Defensive was up 1%, but already the worst performer.
● Teck Resources (TECK-A) jumped 14.2% (+$5.65), closed at $45.5, the best % gain in 79 months, crossed above MA20 and MA50 ($44.46, $42.57). The best performer with a significant decrease in volume.
360miq.com/stockinfo?code=TECK-A.TO
● E-L Financial (ELF) largely fell -2.7% (-$23.8), closed at $860, the worst % loss in nearly 3 months, also a 23-day low, crossed below MA200 ($866.71). The worst performer but with average volume.
360miq.com/stockinfo?code=ELF.TO
● Restaurant Brands International Limited Partnership (QSP-UN) rebounded 1.6% (+$1.21), closed at $74.96, crossed above MA20 ($74.84). The largest increase in volume.
360miq.com/stockinfo?code=QSP-UN.TO
● Shopify (SHOP) surged 12.7% (+$4.81), closed at $42.61, rose 3 days in a row, the best % gain in nearly 7 months, crossed above MA20 ($41.14).
360miq.com/stockinfo?code=SHOP.TO
360miq.com/market?data=TSX#tab-3
