SP/TSX largely fell -2.2% (-495 pts), closed at 22228 points, the worst % loss in more than 5 months, fell -2.6% (-587 pts) for the week after a 5-week winning streak, crossed below MA20 and MA50 (22658 pts, 22234 pts).
Among the 150 largest-cap stocks, 25 (17%) closed higher. Only 24% of all TSX stocks ended higher, the least in 2 months.
In terms of sectors, 2 sectors closed up, 10 sectors closed down, ranging from -4.7% to +1%. 6 sectors outperformed the market. The market was down -2.2%; Communication was up +1%, the best performer; Technology was down -4.7%, the worst performer.
● Tourmaline Oil Corp (TOU) largely fell -3% (-$1.76), closed at $56.9, a 114-day low, fell -4.9% (-$2.96) for the week, fell 3 weeks in a row. The largest increase in volume today.
360miq.com/stockinfo?code=TOU.TO
● Definity Financial (DFY) largely rebounded +5.7% (+$2.68), closed at $49.8, the best % gain in nearly 1 year, also hit a record high, rose +3.7% (+$1.78) for the week, rose 2 weeks in a row. The best performer today with a huge increase in volume.
360miq.com/stockinfo?code=DFY.TO
● Baytex Energy Corp (BTE) tumbled -8% (-$0.39), closed at $4.48, the worst % loss in more than 16 months, also a 28-day low, fell -5.7% (-$0.27) for the week, fell 2 weeks in a row, crossed below MA50 and MA200 ($4.8, $4.78). The worst performer today with a significant increase in volume.
360miq.com/stockinfo?code=BTE.TO
● Celestica (CLS) tumbled -8% (-$5.59), closed at $64.25, a 56-day low, fell -11.9% (-$8.64) for the week, fell 3 weeks in a row.
360miq.com/stockinfo?code=CLS.TO
● Cameco (CCO) plummeted -7.3% (-$4.18), closed at $52.73, hit a YTD low, fell -15.7% (-$9.79) for the week, fell 3 weeks in a row.
360miq.com/stockinfo?code=CCO.TO
● Strathcona Resources (SCR) tumbled -7% (-$2.19), closed at $28.88, the worst % loss in 1 year, also an 87-day low, fell -7.5% (-$2.34) for the week, fell 2 weeks in a row.
360miq.com/stockinfo?code=SCR.TO
360miq.com/market?data=TSX#tab-3
