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The TSX Composite Index fell 1.02 per cent, 194.70 points, to 18,834.16, Tuesday, July 5, after two of its biggest sectors closed in the red. The energy sector, which has rallied for most of this year, plummeted 6.8 per cent. The tech sector, however, closed in the green, up 3.6 per cent.
Healthcare too gained 3.7 per cent and industrials was up 0.5 per cent. Meanwhile, financials was in the red by 0.4 per cent. Shopify gained nearly 10 per cent and Cronos 7.5 per cent as tech and healthcare stocks dominated the gainers list.
One-year price chart (July 5). Analysis by © 2022 Kalkine Media®
The Toronto-Dominion Bank saw 22.4 million shares traded, making it the most active stock. It was followed by Cenovus Energy Inc that saw 10.7 million shares switch hands, and Baytex Energy Corp saw 10.1 million shares traded.
|
Ticker |
Company Name |
1-day Price % Change |
|
Top-5 Gainers |
||
|
SHOP |
Shopify Inc |
9.9% |
|
BHC |
Bausch Health Companies Inc |
8.2% |
|
CRON |
Cronos Group Inc |
7.5% |
|
DSG |
Descartes Systems Group Inc |
5.8% |
|
BB |
BlackBerry Ltd |
5.4% |
|
Top-5 Laggards |
||
|
ATH |
Athabasca Oil Corp |
-13.4% |
|
NVA |
Nuvista Energy Ltd |
-12.5% |
|
PD |
Precision Drilling Corp |
-12.3% |
|
TVE |
Tamarack Valley Energy Ltd |
-11.2% |
|
POU |
Paramount Resources Ltd |
-10.8% |
On Wall Street, as it opened after the Fourth of July, things were more optimistic. While the Dow lost 129.44 points, 0.42 per cent, to 30,967.82 points, the S&P 500 rose 6.06 points, 0.16 per cent, to 3,831.39 points. Nasdaq’s benchmark grew by 194.39 points, 1.75 per cent, to 11,322.24.
Commodities gain
Gold was down 2.55 per cent to US$ 1,763.90. The price of Brent oil sank 9.45 per cent and was at US$ 102.77/bbl and that of crude oil was down 9.87 per cent to US$ 99.50/bbl.
The loonie fell 1.38 per cent compared to the US dollar while USD/CAD ended at 1.3036. The US Dollar Index was at 106.54 against the basket of major currencies, up 1.33 per cent.
The US 10-year bond yield was down 3.87 per cent to 2.818 and the Canada 10-year bond yield was down 3.09 per cent to 3.077.
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