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The S&P/TSX composite index closed essentially flat on the last day of trading in September down 0.25 per cent at 19541.27.
Among the index’s main sectors, financials, energy and industrials were all in the red for Sept. 29.
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Consumer staples was down the most — 1.61 per cent — as investors possibly took a cue from the flat GDP reading for July that indicated the economy is weakening.
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The information technology and materials sectors posted gains of 1.65 per cent and 0.55 per cent, respectively.
On the day, there were 91 gainers versus 130 losers.
For the month, Canada’s largest stock market was down 3.69 per cent with energy the only sector to record a gain, eking out an modest uptick of 0.67 per cent.
Year to date, the index is still in positive territory.
Here are the three top stocks for Sept. 29.
Aritizia Inc.
One-day change: 5.87 per centYear-to-date change: -50.09 per cent
Shares of clothing retailer Aritzia jumped on Sept. 29 as the company took advantage of a surprise beat.
Montreal-based Aritzia reported an adjusted profit for the second quarter when analysts had been expecting a loss.
Still, some analysts said Aritzia has yet to prove its recent swoon is over.
“Aritizia is still in show-me mode with investors until visibility on the turnaround improves,” said Martin Landry of Stifel. “This could leave the stock range-bound near term.”
Aritzia closed at 23.63
Athabasca Oil Corp.
One-day change: 5.84 per centYear-to-date change: 80.50 per cent
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This is Athabasca’s second appearance in the top three performers this week.
The Calgary-based oil company rose the most in 11 weeks even as the TSX declined, according to Bloomberg, adding that its shares ended higher than any close since Oct, 22 and was “the best performer among its peers.”
Nonetheless, Desjardins Financial said in a note on Sept. 18 that Athabasca’s valuations could be starting to “stretch.”
For the month, Athabasca was the top performer on the TSX with a price return of 18.53 per cent.
Athabasca closed at $4.35.
Filo Corp.
One-day change: 4.43 per centYear-to-date change: -12.69 per cent
Vancouver-based Filo is a miner of gold, copper and silver with operations in Canada, Chile and Argentina.
Filo made the Toronto Stock Exchange’s 2023 annual ranking of the 30 top-performing stocks over a three-year period, placing third in the rankings with a three-year performance of 1,217 per cent.
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Despite its gain on Sept. 29, it remains well off its 2023 high of $27.83 reached in early January.
Filo closed at $20.29.
• Email: gmvsuhanic@postmedia.com
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