SP/TSX fell -0.6% (-159 pts) after a 4-day winning streak, closed at 24891 points, rose +0.5% (+132 pts) for the week, rose 2 weeks in a row.
Among the 150 largest-cap stocks, 56 (37%) closed higher. 39% of all TSX stocks ended higher.
In terms of sectors, 3 sectors closed up, 9 sectors closed down, ranging from -1.3% to +0.3%. 7 sectors outperformed the market. The market was down -0.6%; Consumer Defensive was up +0.3%, but already the best performer, reflecting a more conservative market sentiment; Consumer Cyclical was down -1.3%, the worst performer.
● Teck Resources (TECK-A) largely rebounded +2.6% (+$1.65) after a 4-day losing streak, closed at $65.6, fell -3.2% (-$2.15) for the week. The best performer today but with average volume.
360miq.com/stockinfo?code=TECK-A.TO
● MEG Energy Corp (MEG) largely retreated -3.4% (-$0.89), closed at $25.31, fell -3.1% (-$0.82) for the week, crossed below MA20 and MA50 ($25.89, $25.8). The worst performer today with a slight decrease in volume.
360miq.com/stockinfo?code=MEG.TO
● Tourmaline Oil Corp (TOU) retreated -2.3% (-$1.46), closed at $62.54, rose +0.4% (+$0.25) for the week after a 2-week losing streak, crossed below MA20 ($63.79).
360miq.com/stockinfo?code=TOU.TO
● Canadian Natural Resources (CNQ) largely retreated -2.6% (-$1.24), closed at $46.61, the worst % loss in 1 month, also a 32-day low, fell -2% (-$0.96) for the week, crossed below MA50 and MA200 ($47.11, $47.85).
360miq.com/stockinfo?code=CNQ.TO