TSX Composite index up 0.12% to 18,651 Level amid recovery in Energy & Healthcare sector.

2 min read | March 26, 2021 08:54 AM AEDT | By Team Kalkine Media

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TSX Composite index up 0.12% to 18,651 Level amid recovery in Energy & Healthcare sector.

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After three days losing streak, the TSX Composite Index went up by 0.12% on Thursday to 18,651.10, buoyed by healthcare, utilities and consumer cyclicals sectors. Total volume on the TSX was 257.21 million.

Energy, technology, and financials were the top laggards.

5-day TSX Composite Daily Price Chart (as on 25 March 2021). Source: EODHD/Others (Thomson Reuters)

The TSX Venture Index continued its downside for the fourth consecutive day to decline by 1.05% and settled at 936.60.

Sector Summary

Source: EODHD/Others (Thomson Reuters)

Movers and Laggards on TSX Composite

Ticker	Company Name	% Change
Top-5 Movers
CSH.UN	Charlotte’s Web Holdings Inc.	6.5%
CLIQ	Alcanna Inc	6.0%
CJ	Cardinal Energy Ltd.	6.0%
AIM	Aimia Inc	5.7%
MDNA	Medicine Therapeutics Corp	4.9%
Top-5 Laggards
ONC	Oncolytics Biotech Inc	-14.1%
WRN	Western Copper & Gold Corp	-5.2%
ERF	Enerplus Corp	-4.9%
ALYA	Alithya Group Inc	-4.7%
CGX	Cineplex Inc.	-4.7%

Source: EODHD/Others (Thomson Reuters)

Volume Movers:

The most heavily traded stock on the TSX on Thursday was TC Energy Corp with 14.77 million shares exchanging hands. Suncor Energy Inc., and Royal Bank of Canada followed with traded volume of 13.20 million and 9.01 million, respectively.

US Markets:

United States markets were bullish due to recovery in energy, healthcare, and financials sector stocks. All three benchmark indices of the Wall Street settled in green. The S&P 500 Index was up by 0.52% to 3,909.52. The technology benchmark index Nasdaq Composite Index up 01.2% at 12,977.68, while the Dow Jones up by 0.62 % or ~199 points to 32,619.48.

US & Canada Bond Yield:

Yield on the US 10-Year Treasury Bond up by 1.21% to 1.63 after consecutive decline of four days driven by optimistic growth and higher inflation.

However, the Canada 10-Yr Government Bond Yield went down by 0.27% to 1.47.

Commodity and Currency Update

WTI Crude Oil Future down by 4.28% to US$ 58.56/bbl on Thursday while the International benchmark Brent Oil contracted by 3.82% to US$ 61.95/bbl over the impaired optimism of global recovery and the Suez Canal blockage.

Gold Futures prices declined ~0.47% to US$ 1,725.10/oz amid rising bond yields and recovery from the pandemic.

The USD/CAD up 0.28% to 1.26 on Thursday.

The US Dollar Index moved 0.32% higher on Thursday against the basket of majors at 92.826 due to optimism in US recovery, launch of coronavirus vaccine and surging Treasury Yields.

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