Market updates
TSX Powers Through Job Loss & Trade Deficit, Ends At Record Levels
February 05, 2021 05:50 PM EST| By Ipsita SarkarS&P/TSX Composite, the key Canadian bourse ended Friday’s trading session at record high levels, even as the domestic job markets posted dismal numbers. The index closed at 18,135.90, up 93.03 points or 0.52 per cent, marking the fifth cons...
TSX Crosses 18000-Mark, Soared Up for the Fourth Consecutive Day, Led by Metals and Mining and Financials
February 04, 2021 05:23 PM EST| By Team Kalkine MediaRally in the global equity markets continued for the fourth straight day, led by increasing optimism over the US stimulus package. Lifted by the rally across the border, Canadian stocks too advanced on Thursday. The largest-tracked equity index of t...
TSX Composite Up 41.42 Points for Third Consecutive Day
February 03, 2021 05:11 PM EST| By Team Kalkine MediaCandian stocks moved higher for the third consecutive day on Wednesday, with the benchamark index, S&P/TSX Composite, trading 41.42 points or 0.23% higher at 17,915.91. The S&P/TSX 60 added 0.14% to 1,060.75 while the S&P/TSX Venture gain...
TSX Reclaims 17800, Soars On Positive Cues From Global Markets
February 02, 2021 05:00 PM EST| By Team Kalkine MediaThe stock market soared for the second consecutive day as positive momentum from global markets led by growing hope over US Stimulus plan pushed the Canadian equities higher. Offsetting all the last week’s losses, the S&P/TSX Composite cros...
TSX Composite Up 355 Points, Metals and Mining and Information Technology Lead the Surge.
February 01, 2021 05:58 PM EST| By Team Kalkine MediaS&P/TSX Composite Index, the benchmark equity gauge of Canada, soared 355.45 points or 2.05% higher on Monday and settled at 17,692.45. The TSX 60 index traded 1.76% higher at 1,044.68 and TSX Venture Index surged 4.21% at 960.84. The key equity...
TSX Falls 320 Points On Weakness in Tech, Consumer Cyclicals & Industrials
January 29, 2021 05:28 PM EST| By Team Kalkine MediaThe largely tracked benchmark index of the Canadian Stock Exchange, the S&P/TSX Composite Index, plummeted 320 points or 1.81% to 17,337.02 on Friday and pared all the gains of yesterday’s trading sessions. The decline was primarily becaus...
TSX Composite Moved Up by 232 Points, Helathcatre and Meatals and Mining Lead the Surge.
January 28, 2021 05:05 PM EST| By Team Kalkine MediaAfter two straight days of negative closing, the S&P/TSX Composite Index moved higer on Thursday, adding approximately 232 points or 1.34% to 17,657.20. The index pared most of the losses it accumulated in the last two trading days. Healthcare a...
TSX Composite Nosedives By 2% in Single Day
January 27, 2021 05:10 PM EST| By Team Kalkine MediaThe global equity markets nosedived on Wednesday with all major indices across North America, Europe and Asia plummeting to unexpected lows. The Canadian equities moved down after the United States equity indices witnessed biggest single-day losses...
TSX Weighed Down By Energy, Metals & Mining Stocks; Doffs 127 Points
January 26, 2021 05:30 PM EST| By Team Kalkine MediaCanada’s main equity index closed in red on Wednesday with S&P/TSX Composite index giving up approximately 127 points or 0.71% to 17,779.41. During the day trading, the TSX Composite tested an intraday high of 17,945.01 and a low of...
TSX Index Surges Over 60 Points As Tech, Industrial Stocks Rally
January 25, 2021 05:00 PM EST| By Team Kalkine MediaCanada’s benchmark TSX Composite Index charged up by over 60 points on Monday, January 25, after strong stock performance by tech, industrial, academic, and consumer non-cyclical segments. The index was up by 60.11 points, or 0.16 percent, to...
TSX Continues Fall On Second Straight Day, Drops 70 Points
January 22, 2021 03:21 PM EST| By Team Kalkine MediaTSX Composite index went downhill on the second consecutive day, declining by 70 points or 0.39% to 17,845.91. Weakness in high-weightage TSX constituents’ energy, financials and industrials sectors pulled down the index. The TSX energy index f...
Energy and Mining Stocks Drag TSX Composite Down
January 21, 2021 05:44 PM EST| By Team Kalkine MediaCanadian stocks traded lower on Thursday, with the broader equity gauge doffing ~99 points or 0.55% to 17,916.20. During Thursday’s session, the S&P/TSX Composite Index tested an intraday of 18,018.30 and an intraday low of 17,870.25. Ener...
North American Stock Markets On A High As Biden Takes Charge
January 20, 2021 05:45 PM EST| By Team Kalkine MediaAs Joe Biden, the 46th President of the United States, took charge of the Oval Office, the broader indices of both Canada and the United States rallied. The S&P/TSX Composite, the largely tracked equity index in Canada, settled 57.54 poi...
TSX adds 12.49 points; Blackberry & Ballard Power Top Gainers
January 19, 2021 05:30 PM EST| By Team Kalkine MediaThe leading index of the Toronto Stock Exchange, S&P/TSX Composite Index closed 12.49 points or 0.07% higher at 17,957.37 on Tuesday. The index closed above its long-term support level of 200-days, 100-days and 150-days simple moving averages (SM...
Tech & Healthcare Pulls TSX Composite Up
January 18, 2021 05:21 PM EST| By Team Kalkine MediaDespite the threat of Keystone XL project being scrapped by the Joe Biden-led upcoming US government, the benchmark S&P/TSX Composite Index gained 35.85 points to settle at 17,944.88 on Monday, January 18, 2021. Baring the TSX energy index, all...
TSX Doffs 49+ points; Ballard Power & Therma Bright Top Losers
January 15, 2021 05:50 PM EST| By Team Kalkine MediaThe leading index of the Toronto Stock Exchange, S&P/TSX Composite Index, closed 49.06 points or 0.273% lower at 17,909.03 on Friday. Sectors like Academic & Educational Services and Energy slipped ~6.22% and ~2.15%, respectively, while Consu...
TSX Up 0.13%, BlackBerry & Aphria Top Stocks
January 14, 2021 05:17 PM EST| By Team Kalkine MediaThe S&P/TSX Composite Index traded in green on Thursday and settled 0.13% higher at 17,958.09. The index registered an intraday high of 18,025.30 and a low of 17,974.24. The Canadian market’s broad index closed above all its support levels...
TSX Composite Closes Slightly Lower, Metals and Mining Down 2%.
January 13, 2021 05:43 PM EST| By Team Kalkine MediaThe broader equity index of the Toronto Stock Exchange, the S&P/TSX Composite Index traded lower and settled approximately 51 points or 0.28% lower at 17,934.74 on Wednesday. During the day trading hours, the index tested an intraday low...
Energy & Metal Stocks Pull TSX Higher
January 12, 2021 05:01 PM EST| By Team Kalkine MediaCanada’s benchamark equity gauge closed higher, led by surge in energy and base metal stocks. The S&P/TSX Composite index added 51.44 points or 0.63% to settle at 17,985.80. TSX Energy sector surged 2% to 101.48 and Metals and Mining increa...
TSX Slumps Over COVID Surge Worries
January 11, 2021 05:15 PM EST| By Team Kalkine MediaThe broader equity index of the Toronto Stock Exchange ended lower on Monday (January 11), sliding from an all-time-high a day ago, as investors’ risk appetite receded amid the persistent surge in COVID-19 cases across North America and Europe....