TSX gains as energy & base metals rebound, loonie up - Kalkine Media

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 TSX gains as energy & base metals rebound, loonie up
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The TSX Composite Index gained 0.64 per cent, 121.56 points, to 19,104.48, on Monday, July 25. Technology was the only major sector that closed in the red, down 1.3 per cent. 


It was a decent showing by commodity stocks that rebounded, energy spiking 3.6 per cent and base metals up 2.3 per cent. They were among the day’s biggest gainers. 

Healthcare was in the green too, up 0.8 per cent and financials and industrials were each up 0.4 per cent ahead of a number of upcoming earnings reports. 

One-year price chart (July 25). Analysis by © 2022 Kalkine Media®  

Volume actives 

Manulife Financial Corporation saw 11.3 million shares traded, making it the most active stock. It was followed by Enbridge Inc that saw 9.8 million shares switch hands, and Athabasca Oil Corporation saw 7.9 million shares traded. 

Movers and laggards 

Ticker  

Company Name 

1-day Price % Change  

Top-5 Gainers 

SES 

Secure Energy Services Inc 

8.1% 

SDE 

Spartan Delta Corp 

7.0% 

NVA 

Nuvista Energy Ltd 

6.7% 

PD 

Precision Drilling Corp 

6.7% 

POU 

Paramount Resources Ltd 

6.7% 

Top-5 Laggards 

LSPD 

Lightspeed Commerce Inc 

-6.5% 

OSK 

Osisko Mining Inc 

-5.6% 

AEM 

Agnico Eagle Mines Ltd 

-5.2% 

SII 

Sprott Inc 

-5.1% 

SIL 

Silvercrest Metals Inc 

-5.0% 

Wall Street updates 

On Wall Street, the Dow was up 90.75 points, 0.28 per cent, to 31,990.04 points, while the S&P 500 pushed higher by 5.21 points, 0.13 per cent, to 3,966.84 points. Nasdaq’s benchmark decreased by 51.45 points, 0.43 per cent, to 11,782.67. 

Commodities  

Gold was down 0.2 per cent to US$ 1,719.10. The price of Brent rose 1.35 per cent and was at US$ 99.98/bbl and that of crude oil was up 1.38 per cent to US$ 96.22/bbl. 

Currency news 

The loonie gained 0.6 per cent compared to the US dollar while USD/CAD was at 1.2848. The US Dollar Index was at 106.43 against the basket of major currencies, down 0.26 per cent. 

Money market 

The US 10-year bond yield was up 0.79 per cent to 2.807 and the Canada 10-year bond yield was up 0.89 per cent to 2.878. 

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