TSX ends session in red amid US-China tensions, loonie down

Published on August 03, 2022 04:46 AM EDT

Volume active

Enbridge Inc. (TSX:ENB) recorded a volume of 19.69 million shares and became the most active stock on August 2. However, the price of the ENB stock was down by 1.5 per cent to C$ 56.63 per share.

After Enbridge, the maximum number of shares traded belonged to Athabasca Oil Corporation (TSX:ATH). Around 12.3 million ATH shares exchanged hands on Tuesday.

Wall Street updates

Investors saw a decline in stock prices on Wall Street due to China's criticism of Nancy Pelosi, the speaker of the US House of Representatives, for travelling to Taiwan.

NASDAQ Composite Index was down by 0.16 per cent and closed at 12,348.76 points. Meanwhile, the S&P 500 fell 0.67 per cent to close at 4091.19.

Commodities

The Gold prices were up by 0.11 per cent to US$ 1789.7 per troy ounce. Meanwhile, Brent Oil Futures for October declined by 0.09 per cent to US$ 99.88 per barrel.

Crude Oil WTI Futures for September rose by 0.1 per cent to US$ 93.83 per barrel.

Currency news

The Canadian dollar was valued at 77.78 US cents, down from 77.98 US cents on Friday.

Raza Naqvi

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Raza Naqvi - Financial Journalist
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Raza comes from a hard-news background and is an experienced writer with a demonstrated history of working in reputed organizations like the United Nations, Indian Express, and Hindustan Times. Currently, he is exploring the financial world!...

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