Canadian stocks moved lower for the second straight day, with the broader equity index of the Toronto Stocks Exchange doffing 100.72 points or 0.55% to settle at 18,274.07 on Thursday. The index is off approximately 1.7% from its 52W High of 18579.68.
Other indices too moved lower, with S&P/TSX 60 declining by 0.45% to 1,086.72, the S&P/TSX MidCap down 0.89% to 1,127.05 and the S&P/TSX Small Cap lost 1.57% lower at 710.87.
The S&P/TSX Venture Index, the benchmark bourse of the junior Canadian stock exchange, slumped 1.13% to 1,072.09.
TSX Five-Day Price Chart as on February 18th, 2021. Source: Refinitiv (Thomson Reuters)
On Wall Street: All three global equity benchmark indices of the United States traded lower with price dominated Dow Jones slipping 0.38% lower to 31,493.34, the S&P 500 index trading 0.44% lower at 3,913.97, and the technology benchmark index Nasdaq Composite Index declining 0.72% to 13,865.36.
Top Gainers: Crescent Point Energy Corp (up 10.5%), Superior Plus Corp (up 6.7%), and Hudbay Minerals Inc (4.3%), respectively.
Top Losers: Canopy Growth Corp (down 10.3%), Aurora Cannabis Inc (down 8%), Aphria Inc (down 6.7%), respectively.
Most Volume Active: Manulife Financial Corporation, Supreme Cannabis Company Inc. and Bombardier Inc.
Commodity Update*
Gold Futures traded slightly lower after six consecutive days of decline, up 0.12% to US$1,775.0/bbl.
Energy prices moved lower with Crude WTI Prices declined 1.01% to US$60.52/bbl. Brent Oil traded 0.64% lower US$63.93/bbl.
Bond Yield*
The Canada 10-Year Bond Yield traded 3.47% to higher at 1.148%. The US 10-year Treasury Bond Yield traded 1.19% lower 1.297%.
*Details after markets close on Feb 18