SP/TSX rose 1% (+199 pts), closed at 19825 points, rose 5 days in a row, a 30-day high, rose 5.8% (+1088 pts) for the week after a 2-week losing streak, crossed above MA50 (19681 pts).
Among the 150 largest-cap stocks, 111 (74%) closed higher. 81% of all TSX stocks ended higher, good for the market.
In terms of sectors, 11 sectors closed up, 1 sector closed down, ranging from -1.1% to 2.8%. 8 sectors outperformed the market, the market internal was more positive. The market was up 1%; Basic Materials, Real Estate were up 2.8%, the best performers; Energy was down -1.1%, the worst performer.
● First Quantum Minerals (FM) spiked 11.1% (+$1.74), closed at $17.46, the best % gain in more than 11 months, fell -37.6% (-$10.5) for the week, fell 3 weeks in a row. The best performer today with a slight decrease in volume.
360miq.com/stockinfo?code=FM.TO
● Quebecor (QBR-A) soared 6.6% (+$2.02), closed at $32.5, the best % gain in more than 14 months, also a 38-day high, rose 10.2% (+$3) for the week after a 2-week losing streak, crossed above MA50 and MA200 ($30.83, $30.68). The largest increase in volume today.
360miq.com/stockinfo?code=QBR-A.TO
● Paramount Resources (POU) sank -4.8% (-$1.58), closed at $31.43, fell -5.5% (-$1.84) for the week after a 3-week winning streak, crossed below MA20 and MA50 ($31.88, $31.92). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=POU.TO
● MEG Energy Corp (MEG) largely retreated -4.4% (-$1.25), closed at $26.87, fell -2.7% (-$0.74) for the week, fell 2 weeks in a row, crossed below MA20 ($27.23).
360miq.com/stockinfo?code=MEG.TO
360miq.com/market?data=TSX#tab-3
