TSX in green as IT & industrials gain, commodities down

2 min read | October 21, 2021 01:30 AM EDT | By Team Kalkine Media

On Thursday, October 21, the TSX Composite Index grew for the 12th consecutive day of trading, increasing by 24.20 points to 21,212.39, an increase of 0.11 per cent. The index has a YTD return of 21.68 per cent and a one-year return of 30.3 per cent.

Thursday saw the IT and industrial sectors both grow 1.2 per cent. Base metals, however, fell 2.9 per cent.

One-year price chart (October 21). Analysis by Kalkine Group

Volume active


The most traded stock was Suncor Energy Inc with seven million shares exchanging hands. It was followed by Baytex Energy Corp where 5.68 million shares exchanged hands, and Cenovus Energy Inc with 4.7 million shares exchanging hands.

Movers and laggards

Wall Street update

The TSX Composite Index isn’t the only one currently in the all-time high club. It was joined Thursday by the S&P 500 gained 0.3 per cent or 13.59 points to reach its all-time high of 4,549.78. The major indices fell on market open and stayed low but rallied from late afternoon toward close.

The Dow fell 6.26 points or 0.02 per cent to 35,603.08 points and the Nasdaq was up 94.02 points or 0.62 per cent to 15,215.70 points.

Commodity update

Gold fell 0.17 per cent and traded at US$ 1,781.90. Brent oil fell 1.41 per cent to US$ 84.61/bbl, while crude oil gained 1.63 per cent to US$ 82.50/bbl.

Currency news

The loonie fell against the US dollar on October 21, while USD/CAD ended in the green at 1.2364, up 0.37 per cent.

The US Dollar Index was better off against the basket of major currencies Thursday and ended at 93.74, up 0.19 per cent.

Money market

Thursday’s trade saw the US 10-year bond yield grow 2.14 per cent and end at 1.696.

The Canada 10-year bond yield grew 3.9 per cent on October 21 and ended at 1.706.


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