SP/TSX rose +0.7% (+176 pts), closed at 25074 points, rose 3 days in a row, rose +1.1% (+278 pts) for the week, rose 2 weeks in a row, crossed above MA50 (24996 pts).
Among the 150 largest-cap stocks, 104 (69%) closed higher. 77% of all TSX stocks ended higher, the most in nearly 3 months, good for the market.
In terms of sectors, 9 sectors closed up, 1 sector closed down, 2 sectors remained unchanged, ranging from -0.2% to +2.1%. 5 sectors outperformed the market. The market was up +0.7%; Communication was up +2.1%, the best performer, reflecting an increasing risk appetite; Healthcare was down -0.2%, but already the worst performer.
● Pan American Silver Corp (PAAS) retreated -2.1% (-$0.66), closed at $30.14, rose +1.6% (+$0.48) for the week, rose 2 weeks in a row. The worst performer today with a slight decrease in volume.
360miq.com/stockinfo?code=PAAS.TO
● Galaxy Digital Holdings (GLXY) spiked +13.4% (+$3.47), closed at $29.44, the best % gain in nearly 2 months, rose +12% (+$3.16) for the week, rose 2 weeks in a row, crossed above MA20 ($27.02). The best performer today with a significant increase in volume.
360miq.com/stockinfo?code=GLXY.TO
● Canadian Tire (CTC) largely rebounded +11.4% (+$21.9) after a 6-day losing streak, closed at $214, the best % gain in nearly 1.5 years, rose +7.5% (+$15) for the week after a 5-week losing streak, crossed above MA20 ($213.68).
360miq.com/stockinfo?code=CTC.TO
360miq.com/market?data=TSX#tab-3
