TSX Doffs 49+ points; Ballard Power & Therma Bright Top Losers

Published on January 15, 2021 05:50 PM EST

TSX Doffs 49+ points; Ballard Power & Therma Bright Top Losers

The leading index of the Toronto Stock Exchange, S&P/TSX Composite Index, closed 49.06 points or 0.273% lower at 17,909.03 on Friday. Sectors like Academic & Educational Services and Energy slipped ~6.22% and ~2.15%, respectively, while Consumer Non-Cyclicals and Real Estate was up by ~2.50% and ~0.62% respectively.

At the close, the index was featuring a dividend yield of 3.32% and traded at a Price-to-Earnings multiple of 19.94x.

The TSX Venture composite index slides marginally by 6.35 points or 0.694% and close at 908.00 on January 15, 2021.

Stocks in Play*

Gainers: Blackberry Ltd (up 8.90%), BRP Inc (up 6.04%), and Cogeco Communications Inc (up 5.99%) respectively.

Losers: Ballard Power Systems Inc (down 10.14%), Fortuna Silver Mines Inc (down 7.58%), and Arurinia Pharmaceuticals Inc (down 7.24%) respectively.

Volume Leaders: Namaste Technologies Inc (TSX: N), Therma Bright Inc (TSX: THRM) and Zenabis Global Inc (TSX: ZENA).

On Wall Street: Global benchmark indices of the United States slipped during Friday’s trade, with the S&P 500 index sliding by 27.29 points or 0.72% to 3,768.25. Tech-heavy Nasdaq Composite index was down by 114.14 points or 0.87% to 12,998.50 while the Dow Jones plunged by 177.26 points or 0.57% to stand at 30,814.26.

Commodity News*

The international oil benchmark Brent Futures closed 2.34% lower at $ 55.10/bbl while Crude WTI traded 2.26% lower at $ 52.36/bbl.

Gold Futures traded loses on Friday’s trade by 1.16% and closed at $1,829.90/oz.

Currency News*

The Canadian dollar fell against the greenback after adding for the last three consecutive sessions. At the close USD/CAD traded 0.77% lower at 1.2732.

The greenback was up by Friday’s close, with U.S Dollar Index (DXY) traded 0.59% higher at 90.77s.

*All details as on January 15, 2021, after markets close.

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Team Kalkine Media

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Team Kalkine Media -
33662 Posts
Team Kalkine Media comprises of experts who understand various markets nuances and are enthusiastic and passionate to provide best possible offerings in the form of insights and stories. The team has rich experience of working across different market...

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