TSX on 5-day roll as tech & industrials gain, oil prices fall

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TSX on 5-day roll as tech & industrials gain, oil prices fall

 TSX on 5-day roll as tech & industrials gain, oil prices fall
Image source: Pixabay.com

Day five in the green it was for the TSX Composite Index as it rose 0.22 per cent, 42.18 points, to 19,062.85, Thursday, July 21. 

The biggest gainers were tech and industrials, up two per cent and 1.3 per cent, respectively. Energy and healthcare were down over two per cent each. 

Financials and base metals were in the green by about 0.2 per cent. Mining stocks were the day's biggest gainers as oil prices saw a slump. 

One-year price chart (July 21). Analysis by © 2022 Kalkine Media®  

Volume actives 

The Royal Bank of Canada saw 9.4 million shares traded, making it the most active stock. It was followed by Barrick Gold Corporation that saw 7.5 million shares switch hands, and Manulife Financial Corporation saw 7.2 million shares traded. 

Movers and laggards 

Ticker  

Company Name 

1-day Price % Change  

Top-5 Gainers 

MTL 

Mullen Group Ltd 

11.8% 

PAAS 

Pan American Silver Corp 

5.3% 

LAC 

Lithium Americas Corp 

5.2% 

SHOP 

Shopify Inc 

4.8% 

KNT 

K92 Mining Inc 

4.7% 

Top-5 Laggards 

WEED 

Canopy Growth Corp 

-9.2% 

ACB 

Aurora Cannabis Inc 

-7.1% 

ATH 

Athabasca Oil Corp 

-6.6% 

BTE 

Baytex Energy Corp 

-6.0% 

TLRY 

Tilray Brands Inc 

-5.3% 

Wall Street updates 

On Wall Street, growth was more pronounced. The Dow spiked 162.06 points, 0.51 per cent, to 32,036.9 points, while the S&P 500 grew 39.05 points, nearly one per cent, to 3,998.95 points. Nasdaq’s benchmark ballooned 161.96 points, 1.36 per cent, to 12,059.61. 

Commodities  

Gold was up 0.78 per cent to US$ 1,713.40. The price of Brent fell 2.55 per cent and was at US$ 104.02/bbl and that of crude oil was down 6.11 per cent to US$ 93.78/bbl. 

Currency news 

The loonie gained 0.13 per cent in relation to the US dollar while USD/CAD was at 1.2867. The US Dollar Index was at 106.61 against the basket of major currencies, down 0.43 per cent. 

Money market 

The US 10-year bond yield was down 4.89 per cent to 2.882 and the Canada 10-year bond yield was down 5.48 per cent to 2.967. 

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