AUS
NZ
UK
CA
USA
IND
The benchmark equity index of the Toronto Stock Exchange, the S&P/TSX Composite index, traded 30.31 points or 0.17% higher at 17,623.88 on Thursday, December 24. The index closed well above its crucial short-term as well as long-term support levels of 5-day, 10-day, 20-day, 30-day, 50-day and 200-day simple moving averages (SMAs). The 14-day momentum indicator – relative strength index (RSI) – is hovering in neutral zone, however mostly tilted towards the overbought zone.
At the close, the index featured a dividend yield of 3.35% and traded at Price-to-Earnings ratio of 19.6x.
S&P/TSX Composite Index 5-day Price Chart; Source: EODHD/Others (Thomson Reuters)
Stocks in Play*
Top Gainers: Global Atomic Corporation (up 20.96%), Avicanna Inc. (up 18.19%), and Neovasc Inc. (up 17.17%)
Top Losers: Calfrac Well Services Ltd. (down 15.4%), Northcliff Resources Ltd. (down 10.0%), and Condor Petroleum Inc. (down 9.23%)
Volume Leaders: Zenabis Global Inc., Bombardier Inc. and Canadian Imperial Bank Of Commerce.
On Wall Street: The global benchmark indices of the Wall Street in the green on Christmas Eve, the Nasdaq Composite Index traded 0.74% higher at 12,899.42 and the S&P 500 index traded 0.87% higher at 3,735.36. The Dow Jones Industrial traded 0.68% higher at 30,403.97.
Commodities News*
The WTU Crude oil traded 0.23% higher at US$ 48.23/bbl, and the international oil benchmark Brent Oil traded 0.18% higher at US$ 51.29/bbl.
Gold Futures traded 0.27% higher at US$ 1,883.20/bbl.
*All details after markets close on December 24, 2020
