Canadian financial markets newsletter

CANA

BSS NEWS BITES ALERTS ISSUED FOR CANADIAN MARKET ON FRIDAY 20 APRIL 2018

NEWS BITES - NORTH AMERICA

Total Canadian Market down 21 points or -1.91% to 1,079.89

BSS News Bites issued 178 Alerts on notable trading amongst the 2,318 Stocks traded on the Total Canadian Market today, of which 72 (40%) were Bearish.

Of all the Alerts, the following were the most prominent in today's trading:

HEAVYWEIGHT MARKET LEADERS

+ Rogers Communications Class B, Canada's 3rd largest communication services company by market capitalisation, has climbed 5.8% to trade at CAD61.34 vs. the S&P/TSX 60 Index which strengthened 2.2 points (or 0.2%) to 911.7. Representing a weighting of about 1.6% of the index, the stock accounted for 38.4% of today's gain. The shares have outperformed 88% of the market in the past week. Trading volume was 3.4 times average at the end of the day. Compared with the S&P/TSX 60 Index which rose 2.2 points (or 0.2%) in the day, this represented a relative price increase of 5.6%.

+ Toronto-Dominion Bank (The) (TSX:TD) has increased 1.3% to trade at CAD70.38 vs. the S&P/TSX 60 Index which strengthened 2.5 points (or 0.3%) to 911.9. Representing a weighting of about 8.2% of the index, the stock accounted for 38.6% of today's gain. Trading volume was 1.3 times average so far today.

SECTOR BULLS

+ Russel Metals, Canada's 2nd largest steel company by market capitalisation, has increased 1.3% to trade at CAD29.03 vs. the Steel sector which strengthened 11.1 points (or 0.6%) to 1,770.3. Representing a weighting of about 30.0% of the sector, the stock accounted for 59.7% of today's gain. Trading volume was 60% of average at the end of the day. Compared with the S&P/TSX 60 Index which rose 2.2 points (or 0.2%) in the day, this represented a relative price increase of 1.0%.

+ Resverlogix, Canada's 10th largest biotechnology company by market capitalisation, has jumped 9.7% to trade at CAD1.47 vs. the Biotechnology sector which strengthened 19.8 points (or 0.6%) to 3,488.7. Representing a weighting of about 2.8% of the sector, the stock accounted for 47.8% of today's gain. Trading volume was 36% of average at the end of the day. Compared with the S&P/TSX 60 Index which rose 2.2 points (or 0.2%) in the day, this represented a relative price increase of 9.5%.

+ The Stars Group, Canada's largest travel & leisure company by market capitalisation, has lifted 2.0% to trade at CAD37.36 vs. the Travel & leisure sector which strengthened 91.5 points (or 1.1%) to 8,372.2. Representing a weighting of about 42.1% of the sector, the stock accounted for 77.3% of today's gain. The shares have outperformed 82% of the market in the past week. Trading volume was 86% of average at the end of the day. Compared with the S&P/TSX 60 Index which rose 2.2 points (or 0.2%) in the day, this represented a relative price increase of 1.8%.

SECTOR BEARS

+ Cascades, Canada's 6th largest forest products company by market capitalisation, has sunk 5.0% to trade at CAD12.72 vs. the Forest products sector which weakened 7.9 points (or 0.2%) to 3,736.9. Representing a weighting of about 4.0% of the sector, the stock accounted for 95.9% of today's loss. The shares have underperformed 91% of the market in the past week. Trading volume was 2.2 times average at the end of the day. Compared with the S&P/TSX 60 Index which rose 2.2 points (or 0.2%) in the day, this represented a relative price change of -5.2%.

+ Source Energy Services, Canada's largest advertising & marketing services company by market capitalisation, has sunk 4.3% to trade at CAD5.33 vs. the Advertising & marketing services sector which weakened 59.0 points (or 1.7%) to 3,476.9. Representing a weighting of about 64.4% of the sector, the stock accounted for the loss. Trading volume was 33% of average at the end of the day. Compared with the S&P/TSX 60 Index which rose 2.2 points (or 0.2%) in the day, this represented a relative price change of -4.5%.

+ Aurora Cannabis, Canada's largest health care providers company by market capitalisation, has decreased 1.5% to trade at CAD8.61 vs. the Health care providers sector which weakened 67.3 points (or 1%) to 6,843.3. Representing a weighting of about 56.2% of the sector, the stock accounted for 86.2% of today's loss. The shares have underperformed 87% of the market in the past month. Compared with the S&P/TSX 60 Index which rose 2.2 points (or 0.2%) in the day, this represented a relative price change of -1.7%.

BSS News Bites alerted Unusual Rises in 8 Stocks through the day, of which the most prominent were:

HeadlineO/all Price Change52-Wk High
ClearStream Energy Services jumped 7.1% 20 April 2018 12:12 EDT in the morning, closing 6.67% higher at 8.0c1.0c [14.29%]23.50c
DataWind soared 23.8% on strong volume 20 April 2018 12:12 EDT in the morning, closing 3.85% higher at 13.50c3.0c [28.57%]48.0c
Rogers Communications Inc jumped 7.2% on strong volume 20 April 2018 12:12 EDT in the morning, closing 0.76% higher at CAD61.97CAD4.62 [8.06%]CAD69.42
Street Capital jumped 7.1% 20 April 2018 12:12 EDT in the morning, closing unchanged at 75.0c5.0c [7.14%]CAD1.51
Atlatsa Resources soared 14.3% 20 April 2018 14:42 EDT in the afternoon, closing unchanged at 4.0c0.50 [14.29%]7.0c

BSS News Bites alerted Unusual Falls in 7 Stocks through the day, of which the most prominent were:

HeadlineO/all Price Change52-Wk Low
Levon Resources tumbled 6.9% 20 April 2018 14:42 EDT in the afternoon, closing unchanged at 27.0c-2.0 [-6.9%]23.50c
DXI Energy tumbled 7.1% on firm volume 20 April 2018 12:12 EDT in the morning, closing unchanged at 6.50c-0.50 [-7.14%]4.50c
Hanwei Energy Services plummeted 14.3% 20 April 2018 12:12 EDT in the morning, closing unchanged at 3.0c-0.50 [-14.29%]1.50c
Burcon NutraScience tumbled 7.1% on firm volume 20 April 2018 14:42 EDT in the afternoon, closing unchanged at 65.0c-5.0 [-7.14%]47.93c
Cenovus Energy dropped 3.5% on firm volume 20 April 2018 12:12 EDT in the morning, closing recovered at CAD12.28-42.0 [-3.31%]CAD8.77

BSS News Bites alerted 52-week Highs in 7 Stocks through the day, of which the most prominent were:

HeadlineLastO/all Price Change52-Wk High
NeuLion hits 52-week high eighth time in one month 20 April 2018 12:12 EDT this morning, sinking sharply to close at CAD1.04CAD1.04-CAD1.06
Great-West Lifeco Inc. 5.40% Non-Cumulative First Preferred Shares Series P hits 52-week high fourth time in one month 20 April 2018 12:12 EDT this morning, decreasing slightly to close at CAD25.27CAD25.27-1.0 [-0.04%]CAD25.35
Currency Exchange hits 52-week high thirteenth time in one month 20 April 2018 12:12 EDT this morning, sinking sharply to close at CAD29.50CAD29.50-38.0 [-1.27%]CAD30.25
Power Financial Corporation Preference hits 52-week high fourth time in one month 20 April 2018 12:12 EDTCAD25.5611.0c [0.43%]CAD25.56
Birchcliff Energy Class C Preference hits 52-week high third time in one month 20 April 2018 12:12 EDT this morning, closing slightly lower at CAD25.04CAD25.044.0c [0.16%]CAD25.05

BSS News Bites alerted 52-week Lows in 5 Stocks through the day, of which the most prominent were:

HeadlineLastO/all Price Change52-Wk Low
BCE hits 52-week low sixth time in one month 20 April 2018 12:12 EDT this morning, closing higher at CAD53.45CAD53.4537.0c [0.7%]CAD62.18
Maple Leaf Foods hits 52-week low fourth time in one month 20 April 2018 12:12 EDT this morning, closing higher at CAD30.59CAD30.597.0c [0.23%]CAD36.93
Posera hits 52-week low third time in one month 20 April 2018 14:42 EDT this afternoon, closing higher at 20.0c20.0c-34.0c
Inscape hits 52-week low second time in one month 20 April 2018 12:12 EDTCAD1.90-24.0 [-11.21%]-
Orosur Mining hits 52-week low seventh time in one month 20 April 2018 12:12 EDT this morning, closing higher at 9.50c9.50c-30.0c

BSS News Bites alerted Consecutive Rises in 22 Stocks through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Enterprise Group keeps rising: up 20.8% in 3 days 20 April 2018 12:12 EDT, it closed at 58.0c58.0c6.0c [11.54%]0.5
Transglobe Energy up 10.8% in 2 days 20 April 2018 12:12 EDT, it closed at CAD2.04CAD2.0418.0c [9.68%]0.5
Imperial Metals keeps rising: up 8.0% in 4 days 20 April 2018 12:12 EDT, it closed at CAD2.29CAD2.2915.0c [7.01%]0.8
RNC Minerals keeps rising: up 14.3% in 3 days 20 April 2018 12:12 EDT, it closed at 24.0c24.0c0.50 [2.13%]0.7
Resverlogix up 6.1% in 2 days 20 April 2018 12:12 EDT, it closed at CAD1.47CAD1.4713.0c [9.7%]0.4

BSS News Bites alerted Consecutive Falls in 21 Stocks through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Intertape Polymer down 3.1% in 2 days 20 April 2018 12:12 EDT, it closed at CAD19.63CAD19.63-7.0 [-0.36%]0.3
Sandstorm Gold down 2.8% in 2 days 20 April 2018 12:12 EDT, it closed at CAD5.91CAD5.91-8.0 [-1.34%]0.4
Peyto Exploration & Development down 3.7% in 2 days 20 April 2018 12:12 EDT, it closed at CAD11.08CAD11.08-22.0 [-1.95%]1
Guyana Goldfields keeps sliding: down 3.7% in 3 days 20 April 2018 12:12 EDT, it closed at CAD5.03CAD5.03-7.0 [-1.37%]0.3
Kelt Exploration down 3.0% in 2 days 20 April 2018 12:12 EDT, it closed at CAD7.81CAD7.81-19.0 [-2.38%]0.5

BSS News Bites alerted Significant uptrend in 11 Stocks through the morning, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Caledonia Mining continued its significant uptrend; lifted 2.2% 20 April 2018 12:12 EDT this morning and closed higher at CAD12.0CAD12.044.0c [3.81%]1.3
Yangarra Resources continued its significant uptrend; increased 1.0% 20 April 2018 12:12 EDT this morning and closed higher at CAD6.11CAD6.1112.0c [2%]1
Encana continued its significant uptrend; increased 0.4% 20 April 2018 12:12 EDT this morning and closed higher at CAD16.23CAD16.2316.0c [1%]0.9
Baytex Energy continued its significant uptrend; increased 1.9% 20 April 2018 12:12 EDT this morning and closed higher at CAD4.90CAD4.9011.0c [2.3%]1.5
Prophecy Coal continued its significant uptrend; increased 1.9% 20 April 2018 12:12 EDT this morning and closed higher at CAD3.31CAD3.317.0c [2.16%]1.9

BSS News Bites alerted Significant downtrend in 1 Stock in the afternoon:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Brick Brewing continued its significant downtrend; decreased 1.2% 20 April 2018 12:12 EDT this morning and closed lower at CAD3.95CAD3.95-7.0 [-1.74%]0.3

BSS News Bites alerted that 19 Stocks outperformed on Relative Strength through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
Peregrine Diamonds lifted 3.2% - outperforming 99% of stocks 20 April 2018 14:42 EDT, it closed at 16.0c16.0c0.50 [3.23%]0.5
Redline Communications lifted 3.8% - outperforming 92% of stocks 20 April 2018 14:42 EDT, it closed at CAD1.92CAD1.927.0c [3.78%]0.3
Cequence Energy soared 10.0% - outperforming 99% of stocks 20 April 2018 14:42 EDT, it closed at 5.0c5.0c-5.7
Data Communications Management climbed 5.3% - outperforming 98% of stocks 20 April 2018 12:12 EDT, it closed at CAD1.75CAD1.754.0c [2.34%]0.4
Freehold Royalties increased 1.1% - outperforming 88% of stocks 20 April 2018 12:12 EDT, it closed at CAD13.40CAD13.4013.0c [0.98%]1

BSS News Bites alerted that 15 Stocks underperformed on Relative Strength through the day, of which the most prominent were:

HeadlineLastO/all Price ChangeVI (1 is avg.)
TSO3 dropped 3.2% - underperforming 99% of stocks 20 April 2018 14:42 EDT, it closed at 91.0c91.0c-3.0 [-3.19%]0.5
Advantage Oil & Gas sank 4.7% - underperforming 97% of stocks 20 April 2018 12:12 EDT, it closed at CAD3.95CAD3.95-13.0 [-3.19%]2.7
Iron Bridge Resources decreased 1.0% - underperforming 95% of stocks 20 April 2018 12:12 EDT, it closed at 49.0c49.0c0.50 [1.03%]0
Ivanhoe Mines decreased 1.2% - underperforming 97% of stocks 20 April 2018 12:12 EDT, it closed at CAD2.84CAD2.841.0c [0.35%]0.4
Dividend 15 Split II dropped 2.2% - underperforming 100% of stocks 20 April 2018 12:12 EDT, it closed at CAD5.31CAD5.31-10.0 [-1.85%]1.1