AUS
NZ
UK
CA
USA
IND
On TSX: The broader index of the Toronto Stock Exchange – TSX Composite Index traded 198.83 points or 1.2% higher at 16,368.03. And TSX Venture Exchange surged 20.83 points or 2.8% to 741.57. Within oil & gas sector, shares of Crescent Point Energy bagged 15 cents, or 7.3%, to CAD 2.22, while ARC Resources soared 41 cents, or 7.2%, to CAD 6.10. Within the resource space, shares of Hudbay Minerals added 21 cents, or 5%, to CAD 4.42, while Pretium Resources leapt up by 68 cents, or 5.4%, to CAD13.38. Industrials turned negative, with Toromont Industrials slumped CAD 1.62, or 2.2%, to CAD 71.40, while Mullen Group docked 23 cents, or 2.4%, to CAD 9.37. On macro-economic front, the Markit Canada Manufacturing Purchasing Managers Index surged to 52.9 in July, up from 47.8 in June, registering above 50.0 mark for the first time in five months.
TSX 300 Composite Index 5-Year Price Chart (as on August 04th, 2020, after the market close). Source: EODHD/Others (Thomson Reuters).
On Wallstreet: Shares surged across the board on Tuesday, extending the previous session gains, as lawmakers tried to inroads a new Coronavirus stimulus package. The broader indices of the Wallstreet - The Dow Jones Industrials grew 164.07 points to 26,828.47, and the S&P 500 gained 11.9 points to 3,306.51. Both the Dow and S&P 500 posted three-day winning streaks, and technology benchmark NASDAQ recovered 38.37 points to 10,941.17, recorded fifth straight days of positive close.
Market Cues: TSX Composite
Top Performers: Xanadu Mines Ltd (up CAD 0.14 or 30.0%), Belo Sun Mining Corp (up CAD 0.19 or 25.68%) and InMed Pharmaceuticals Inc (up CAD 1.16points or 22.26%).
Top Laggards: Stuart Olson Inc (down CAD 0.045 or 18.75%), Avcorp Industries Inc (down CAD 0.015 or 15.79%) and D-Box Technologies Inc. (down CAD 0.005 - or 14.3%).
Volume Leader: Bombardier, Inc. Class B, Kinross Gold Corporation and Air Canada
Sector Summary
Top Performer: Basic Materials (up 3.07%), Energy (2.46%) and Consumer Non-Cyclicals (up 1.55%).
Top Laggards: Financials (down 0.32%), Healthcare (down 0.13%) and Technology (down 0.03%).
Commodity Market Update
Crude Oil Future Prices*: International crude oil benchmark Brent Oil and WTI Crude traded at US$ 44.33/bbl and US$ 41.55/bbl, respectively.
Gold Price*: Gold price was traded at USD 2,035.85 per ounce, up by 3.10% from previous day closing.
Currency Rates*: The Canadian dollar surged 0.4 cents to 75.05 cents U.S.
Bond Yields*: U.S 10-Year Treasury yield and Canada 10-Year Government Bond yield were traded at 0.520 per cent and 0.48 per cent, respectively.
*At the time of writing (as on August 04, 2020, after the market close).
