TSX closes in green as investors regain confidence after Monday slump

2 min read | December 22, 2021 05:30 PM AEDT | By Raza Naqvi

The S&P/Toronto Stock Exchange (TSX) Composite Index closed higher on Wednesday, December 22, as investors regained confidence after a bumpy start on December 20.

S&P/TSX Index jumped 0.7 per cent and closed at 21,070.05. The surge was due to the rise in REITs, Real Estate, and Energy sectors.

Canada equities market update
One-year price chart (December 22). Analysis by © 2021 Kalkine Media®

Volume active

The most active stock was Suncor Energy Inc. (TSX:SU) as its 4.9 million shares exchanged hands on the TSX. Meanwhile, the second most traded stock was Baytex Energy Corp (TSX:BTE), followed by Canadian Natural Resources Limited (TSX:CNQ)

Wall Street update

Stock markets in the United States performed well and the S&P 500 climbed 47.33 points to reach 4,696.56. Meanwhile, the Nasdaq jumped 180.81 points to 15,521.89 points.

Smaller companies' index- Russell 2000 surged 0.9 per cent and closed at 2,221.9. In addition, the Dow Jones Industrial Average expanded by 0.7 per cent to 35,753.89.

Commodity update

After a decline on December 22, Gold climbed 0.9 per cent to US$ 1,804.75 per troy ounce. The Brent Oil contract catapulted by about two per cent and traded at US$ 75.37 per barrel.

Currency news

The Canadian dollar stood 0.6 per cent higher against the US dollar at 0.78. Meanwhile, the loonie was up 0.2 per cent against Euros.

The US Dollar Index Futures continued to decline, and it was down 0.4 per cent to 96.1.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.