TSX rises on tech stocks as Wall Street stays shut, loonie up

2 min read | November 26, 2021 06:33 AM AEDT | By Sundeep Radesh

The TSX Composite Index gained again for the third straight day on Thursday, November 25, as Wall Street remained close for Thanksgiving. IT rose almost one per cent followed by healthcare 0.8 per cent as all the major sectors, bar base metals were in the green.

Meanwhile, a StatCan report stated that while payroll employment rose 0.5 per cent in September, many sectors are still facing record-high vacancies and a shortage of labor supply. The benchmark index closed at 21,613.18, a growth of 64.75 points, 0.3 per cent.

One-year price chart (November 25). Analysis by Kalkine Group

Volume actives

Manulife Financial Corporation saw 13 million shares traded, making it the most active stock and it was followed by Sun Life Financial Inc that saw 4.86 million shares switch hands and Suncor Energy Inc had 3.19 million shares traded.

Movers and laggards

Ticker

Company Name

1-day Price % Change

Top-5 Gainers

DND

Dye & Durham Ltd

3.7%

LSPD

Lightspeed Commerce Inc

3.1%

ENGH

Enghouse Systems Ltd

2.8%

REAL

Real Matters Inc

2.4%

OGI

OrganiGram Holdings Inc

1.8%

Top-5 Laggards

OGC

OceanaGold Corp

1.6%

DPM

Dundee Precious Metals Inc

1.6%

LWRK

Lifeworks Inc

1.5%

DCBO

Docebo Inc

1.5%

SEA

Seabridge Gold Inc

1.5%

 

Gold up

Gold was up by 0.45 per cent to US$ 1,792.40. Brent oil fell a little by 0.04 per cent to US$ 82.22/bbl. Crude was also in the red 1.25 per cent to US$ 77.41/bbl after President Joe Biden decided to tap into oil reserves.

Currency news

The loonie grew by 0.14 per cent Thursday while USD/CAD was down to 1.2648. The US Dollar Index fell against the basket of major currencies, down 0.1 per cent and ended at 96.77.

Money market

The US 10-year bond yield fell 2.83 per cent Thursday to 1.596 and the Canada 10-year bond yield fell 1.07 per cent to 1.764.


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