SP/TSX rose 0.7% (+149 pts), closed at 20360 points, rose 6 days in a row, a 26-day high, rose 2.8% (+545 pts) for the week, rose 2 weeks in a row.
Among the 150 largest-cap stocks, 104 (69%) closed higher. 68% of all TSX stocks ended higher, good for the market.
In terms of sectors, all sectors were up with gains from 0.3% to 2.2%. 3 sectors outperformed the market. The market was up 0.7%; Technology was up 2.2%, the best performer, reflecting an increasing risk appetite; Utilities was up 0.3%, but already the worst performer.
● Shopify (SHOP) soared 6.1% (+$2.98), closed at $52.09, rose 5.1% (+$2.53) for the week, rose 3 weeks in a row, crossed above MA50 and MA200 ($49.7, $49.04). The best performer today but with average volume.
360miq.com/stockinfo?code=SHOP.TO
● Cogeco Communications (CCA) plummeted -10.7% (-$8.76), closed at $72.88, the worst % loss in nearly 34 months, fell -10.1% (-$8.19) for the week after a 2-week winning streak, crossed below MA20 and MA50 ($76.6, $74.96). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=CCA.TO
360miq.com/market?data=TSX#tab-3
