TSX rises on energy gains, Canadian Natural Resources most active stock

The key composite index of Canadian equity markets inched higher on the back of energy, metal and healthcare stocks on Monday, June 21. At the close, the S&P/TSX Composite settled at 20,156.36, up 0.78 per cent. However, the junior benchmark index – S&P/TSXV Composite – ended in red, down 0.5 per cent to 941.93.

TSX energy index jumped 4.66 per cent on the back of rising oil prices, which was boosted by uncertainties in the US-Iran nuclear deal and pause in oil sanctions. Other leading indices that ended in green include health care, up 1.31 per cent, and base metals, rising 1.4 per cent. Financial, IT, industrials and telecom indices also recorded gains. Utilities was the only segment doff 0.34 per cent.

At Monday’s close, the S&P/TSX Composite Index was up 15.66 per cent year-to-date and held a price-to-equity ratio of 18.47 and dividend yield of 2.99 per cent.

One-month price chart of TSX Composite along with 20-day Simple Moving Average (Source: Refinitiv)

Across the border, the Nasdaq Composite and the NYSE Composite added 0.79 per cent and 1.66 per cent, respectively.

TSX Volume Actives

  • Canadian Natural Resources Limited (TSX: CNQ)
  • Lundin Mining Corporation (TSX: LUN)
  • Bombardier Inc. (TSX: BBD.B)
  • Athabasca Oil Corporation (TSX: ATH)
  • Suncor Energy Inc. (TSX: SU)
  • Baytex Energy Corp. (TSX: BTE)
  • Gear Energy Ltd. (TSX: GXE)
  • Cenovus Energy Inc. (TSX:CVE)
  • TC Energy Corporation (TSX: TRP)
  • Algonquin Power & Utilities Corp. (TSX:AQN)

Market Indicators

Brent Oil futures closed at 74.69 on Monday, down 0.20 per cent, while crude WTI futures lost 0.34 per cent to close at 72.80.

Gold futures dropped by 0.39 per cent to settled at US$1,776.65 per ounce.

CAD/USD dollar index was down 0.14 per cent to 0.8073                 .

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