TSX Composite Down 0.31%; BlackBerry and Aphria top gainers

The broader index of Canada, TSX Composite, declined approximately 52 points or 0.31% to 16,510.83 on Wednesday. The index settled lower after three consecutive days of winning streak. However, it traded above its crucial long-term as well as short-term support levels of 50-day and 200-day Simple Moving Averages, implying a positive trend.

The Moving Average Convergence Divergence (MACD) is rising with positive difference between 12-day and 26-day SMAs. The 14-day and 9-day Relative Strength Index (RSI) is hovering in a neutral zone and tilted towards the overbought zone.

At the last traded price, the TSX Composite Index offered a dividend yield of 3.56% and traded at a Price-to-Earnings (PE) multiple of 17.87x.

5-day Daily Price Chart (as on October 13, 2020, after markets close). Source: Refinitiv (Thomson Reuters) 

Stocks in Play* 

Top Gainers: BlackBerry Ltd (up 8.8%), Aphria Inc (up 6.2%), and Eldorado Gold Corp (up 5.5%)

Top Losers: Enerplus Corp (down 5.6%), Parex Resources Inc (down 5.1%) and Aurora Cannabis Inc (down 4.9%).

Volume Leader: Toronto-Dominion Bank, Canadian Natural Resources Limited and Aphria Inc.

On Wall Street:  Stocks in the United States also traded in red, with the Dow Jones Industrial Average closing 0.55% lower at 28.679.81, the S&P 500 index down 0.63% at 3,511.93 and the Nasdaq Composite Index losing 0.10% at 11,863.90. 

Commodity News*: 

Gold Futures traded 1.78% lower against the previous close at US$ 1,894.60/oz.

Brent Oil traded 1.75% higher at US$ 42.52/bbl, and WTI Crude traded 1.95% higher at US$ 40.20/bbl.

*Details as on October 13, after markets close.



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. OK