TSX adds 12.49 points; Blackberry & Ballard Power Top Gainers

2 min read | January 19, 2021 05:30 PM EST | By Team Kalkine Media

The 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 (SMAs).

Five-year chart of S&P/TSX Composite index (Source: EODHD/Others/Thomson Reuters)

 

At the close, the index traded at a Price-to-Earnings multiple of 19.96x and featured dividend yield of 3.32%.

The TSX Venture Composite index was up marginally by 11.15 points or 1.212% and closed at 931.48 on January 19, 2021.

Stocks in Play*

Gainers: Blackberry Ltd (up 18.90%), Ballard Power Systems Inc (up 9.7%), and Vermillion Energy Inc (up 8%) respectively.

Losers: Trillium Therapeutics Inc (down 4.5%), Arurinia Pharmaceuticals Inc (down 3.5%), and Fortuna Silver Mines Inc (down 3.3%) respectively.

Volume Leaders: Zenabis Global Inc. (TSX:ZENA), BlackBerry Limited (TSX:BB) and Royal Bank of Canada (TSX:RY).

On Wall Street: Leading indices of the United States ended on green on Tuesday’s trade, with the S&P 500 index added 30.66 points or 0.81% to 3,798.91. On the other hand, Dow Jones Industrial was up by 116.26 points or 0.38% and closed at 30,930.52 and the tech-heavy Nasdaq Composite index was up by 198.68 points or 1.53% higher to 13,197.18.

 

Commodity News*

 

The international oil benchmark Brent Futures closed 2.10% higher at US$ 55.90/bbl while Crude WTI was up by 1.18% at US$ 52.98/bbl on Tuesday’s closing.

Gold Futures was marginally higher on Tuesday’s trade by 0.20% and closed at US$ 1,840.20/oz.

 

Currency News*

 

The Canadian dollar appreciated marginally against the US greenback on Tuesday after declining in the last two sessions. At the close USD/CAD traded 0.18% higher at 1.2731.

The greenback was up on Tuesday’s close, with US Dollar Index (DXY) traded 0.29% lower at 90.50s.

*All details as on January 19, 2021, after markets close.

 


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