SP/TSX slightly fell -0.3% (-86.6 pts) after a 5-day winning streak, closed at 24759 points, rose +2.1% (+504 pts) for the week after a 2-week losing streak.
Among the 150 largest-cap stocks, 63 (42%) closed higher. 54% of all TSX stocks ended higher.
In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -1.5% to +2.1%. 7 sectors outperformed the market. The market was down -0.3%; Communication was up +2.1%, the best performer, reflecting an increasing risk appetite; Basic Materials was down -1.5%, the worst performer.
● Galaxy Digital Holdings (GLXY) jumped +8.2% (+$1.94), closed at $25.67, rose 4 days in a row, hit a YTD high, rose +50.8% (+$8.65) for the week after a 3-week losing streak. The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=GLXY.TO
● First Quantum Minerals (FM) largely retreated -6.8% (-$1.4) after a 5-day winning streak, closed at $19.09, the worst % loss in 2 months, rose +4.8% (+$0.88) for the week. The worst performer today with a slight increase in volume.
360miq.com/stockinfo?code=FM.TO
● Ivanhoe Mines (IVN) largely retreated -6.8% (-$1.36), closed at $18.59, the worst % loss in 2 months, fell -0.8% (-$0.15) for the week, fell 3 weeks in a row, crossed below MA20 and MA50 ($19.18, $18.71).
360miq.com/stockinfo?code=IVN.TO
360miq.com/market?data=TSX#tab-3
