AUS
NZ
UK
CA
USA
IND
Canadian 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.
Energy stocks and Metals and Mining stocks were biggest losers on TSX. Energy sector declined ~1.5% and Metals and Mining sector was down 1.46%, followed by healthcare sector down 1.25%.
Out of eight constituent sectors of the TSX, Utilities and Telecom sectors traded in green, up 0.55% and 0.30% respectively.
At the close, the index featured a dividend yield of 3.3% and traded at a Price-to-Earning (P/E) ratio 19.9x.
5-day Price Chart (as on January 21, 2021). Source: EODHD/Others (Thomson Reuters)
On Wall Street, the three benchmark indices traded in mix, with the Dow Jones Industrials declining slightly by 0.04% to 31,176.01. The S&P 500 index increased marginally by 0.03% to 3,853.07 and the Nasdaq Composite Index added ~74 points or 0.55% to 13,530.92.
Commodities*
International Oil benchmark Brent oil futures increased 0.90% to $55.26/bbl and the Crude WTI added 0.13% to $53.03/bbl.
Safe-haven Gold futures declined slightly by 0.02% to $1,869.65/oz.
Bonds*
Yield on Canada 10-Year Government Bond surged by 3.5% to 0.83% and US 10-Year Treasury Bond Yield increased 3.01% to 1.109%.
TSX Composite Cues*
Top Gainers: Richelieu Hardware Ltd (up 6.1%), Cascades Inc (up 5.4%), and Interfor Corp (up 5.1%), respectively.
Laggards: Canada Goose Holdings Inc (down 5.6%), Fortuna Silver Mines Inc (down 5%), and Whitecap Resources Inc (down 4.2%), respectively.
Volume Leaders: Bombardier Inc., Royal Bank of Canada and BlackBerry Limited
*Details after markets close on January 21, 2021
