TSX in red despite tech & healthcare rebounding, loonie down

May 03, 2022 04:12 AM AEST | By Sundeep Radesh

TSX in red despite tech & healthcare rebounding, loonie down — Image source: Copyright © 2021 Kalkine Media Pty Ltd.

Movers and laggards

Ticker	Company Name	1-day Price % Change
Top-5 Gainers
SHOP	Shopify Inc	6.1%
WEED	Canopy Growth Corp	5.3%
TLRY	Tilray Brands Inc	5.2%
CAE	CAE Inc	4.7%
DCBO	Docebo Inc	4.3%
Top-5 Laggards
SSL	Sandstorm Gold Ltd	-7.2%
FFH	Fairfax Financial Holdings Ltd	-6.3%
CCA	Cogeco Communications Inc	-5.4%
ERO	Ero Copper Corp	-5.3%
SES	Secure Energy Services Inc	-5.0%

Wall Street updates

The Fed is meeting this week and there could well be another interest rate hike. The Dow was up 84.29 points, or 0.26 per cent, to 33,061.50 points, and the S&P 500 spiked 23.45 points, 0.57 per cent, to 4,155.38 points. Nasdaq’s benchmark ended higher by 201.38 points, 1.63 per cent, to 12,536.02.

Commodities update

Gold was down 1.78 per cent to US$ 1,863.60. The price of Brent oil was up 0.65 per cent and was at US$ 107.64/bbl and that of crude oil rose 0.46 per cent to US$ 105.17/bbl.

Currency news

The loonie lost 0.18 per cent compared to the US dollar while USD/CAD ended at 1.2878. The US Dollar Index was at 103.58 against the basket of major currencies, up 0.28 per cent.

Money market

The US 10-year bond yield was up 1.81 per cent to 2.987 and the Canada 10-year bond yield was up 2.73 per cent to 2.968.

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