TSX Composite Up for Second Consecutive Day

2 min read | December 23, 2020 05:35 PM EST | By Team Kalkine Media

Canadian equity indices traded in green on Wednesday ahead of the Christmas holiday period. The S&P/TSX Composite index rose 0.23% or 41.11 points to 17,593.57 on Wednesday, December 23. The index was up for the second straight day.

Other broader indices such as S&P/TSX 60, S&P/TSX MidCap and S&P/TSX SmallCap also traded in green, by 0.09%, 0.79% and 1.70% respectively.

Energy, healthcare, metals and mining were among the top performing sectors on the TSX up 4.3%, 2.1% and 2.3% respectively.

At the close, the S&P/TSX Composite Index featured a dividend yield of 0.42% and traded at a P/E ratio of 19.66x.

5-day Price Chart of TSX Composite Index (as on December 23, 2020); Source: EODHD/Others (Thomson Reuters)

Stocks in Play*

Gainers: exactEarth Ltd. (up 33.3%), Prairie Provident Resources Inc. (33.3%), and Questerre Energy Corporation (up 25%)

Laggards: Hut 8 Mining Corp. (down 21.62%), CRH Medical Corporation (down 20.8%), and AcuityAds Holdings Inc. (down 20.2%)

Volume Leaders: TC Energy Corporation, Calfrac Well Services Ltd., and Nevada Copper Corp

On Wall Street: Stocks on the Wall Street traded in mix, with the Dow Jones Industrials moved 114.32 points or 0.38%, the technology benchmark index Nasdaq Composite declined 36.80 points or 0.29% and the S&P 500 index traded 2.75 points or 0.07%, respectively.

 

Commodities*

 

The February Gold Futures surged 0.42% to US$ 1,878.10/oz.

The WTI Crude Futures moved 2.34% to US$ 48.12/bbl and the Brent Oil Futures traded 2.24% to US$ 51.20/bbl.

*All details after markets close December 23, 2020


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