SP/TSX slightly rose +0.3% (+66 pts), closed at 24989 points, rose 3 days in a row, hit a record high.
Among the 150 largest-cap stocks, 64 (43%) closed higher. For 2 days in a row, SP/TSX rose but more than half of TSX stocks ended lower. Today, 46% of all TSX stocks rose with the index. The market is relatively tiring.
In terms of sectors, 5 sectors closed up, 6 sectors closed down, 1 sector remained unchanged, ranging from -1.6% to +3.5%. 4 sectors outperformed the market. The market was up +0.2%; Technology was up +3.5%, the best performer, reflecting an increasing risk appetite; Consumer Defensive was down -1.6%, the worst performer.
● CAE (CAE) jumped +11.9% (+$3.22), closed at $30.18, rose 4 days in a row, the best % gain in 2 years, also hit a YTD high. The best performer with a huge increase in volume.
360miq.com/stockinfo?code=CAE.TO
● Finning International (FTT) plummeted -9.1% (-$3.8), closed at $37.92, the worst % loss in 9 months, also a 43-day low, crossed below MA50 and MA200 ($41.58, $39.8). The worst performer with the largest increase in volume.
360miq.com/stockinfo?code=FTT.TO