AUS
NZ
UK
CA
USA
IND
.jpg)
Driven by healthcare and consumer discretionary stocks, the TSX composite index rose 0.15% to settle at 19,135.81 on Thursday, May 13. Gains, however, were restricted by the setback in energy stocks due to ~2.0% drop in crude oil prices.
1 Year S&P/TSX Composite Daily Price Chart (as on May 14, 2021). Source: EODHD/Others
The TSX Venture Index was down by 0.28% to 908.35.
Active Volume Leaders
The most heavily traded stocks on the TSX were Enbridge Inc, with 20.48 million, Manulife Financial Corporation, with 19.50 million, and Suncor Energy Inc, with 7.97 million.
Wall Street Update
Stocks on Wall Street shrugged off a few losses from the previous trading session, with all three major indices of the NYSE trading in green on Thursday. The Dow increased 1.29% to 34,021, the S&P climbed 1.22% to 4,113, and the Nasdaq Composite Index gained 0.72% to 13,125.
Commodity Update
Gold traded on a slightly higher note at US$ 1,825.25, up by 0.43%.
However, a recent rally in oil prices paused amid increasing concerns over global oil demand on the back of rising COVID-19 cases in India. Brent Oil slumped by 3.27% to US$ 67.05/bbl, while WTI Crude Oil closed lower at US$ 63.82/bbl, down by 3.42%.
Currency News
On May 13, 2021, the US greenback rose against the Canadian dollar for the third straight session, with USD/CAD closing at 1.2160, up 0.24%.
The US Dollar Index ended in green for the second session and closed at 90.75, up 0.05%, on Thursday.
Money Market
The US 10-year bond yield ended its fifth day gains and contracted 2.03% to 1.659% on Thursday.
The Canada 10-year bond yield also lost some ground after a mammoth three-day gain and declined 2% to 1.569 on May 13.
