TSX sees week in green as tech & healthcare rebound, loonie down

2 min read | February 05, 2022 07:00 AM AEDT | By Team Kalkine Media

The TSX Composite Index gained 0.84 per cent, 177.84 points, Friday, February 4, which means that despite Thursday’s losses, the index rose 2.56 per cent in the week. All sectors were in the green, with healthcare and technology (who have lately been particularly volatile), soaring nearly three per cent and 2.7 per cent, respectively.

Canada’s benchmark closed the week at 21,271.85 points. Hut 8 Mining’s stock gained 13 per cent Friday.

One-year price chart (February 4). Analysis by © 2022 Kalkine Media®

Volume actives

Denison Mines Corp saw 14.2 million shares traded, making it the most active stock. It was followed by Athabasca Oil Corporation that saw over 12.7 million shares switch hands, and Suncor Energy Inc saw over 12.3 million shares traded.

Movers and laggards

Ticker

Company Name

1-day Price % Change

Top-5 Gainers

HUT

Hut 8 Mining Corp

13.0%

SHOP

Shopify Inc

8.8%

ACB

Aurora Cannabis Corp

7.2%

CTS

Converge Technology Solutions Corp

6.4%

TLRY

Tilray Brands Inc

6.1%

Top-5 Laggards

AIF

Allus Group Ltd

-8.5%

IFP

Interfor Corp

-5.4%

PXT

Parex Resources Inc

-4.8%

INE

Innergex Renewable Energy Inc

-4.3%

OTEX

Open Text Corp

-3.9%

 

Wall Street update

Over on Wall Street, it was generally a good day too as the main indices began rising late morning and continued to do so till close. The Dow, however, lost 21.42 points, a marginal 0.06 per cent, to 35,089.74 points, while the S&P 500 grew 23.09 points, 0.52 per cent, to 4,500.53 points. Nasdaq’s benchmark rose 219.19 points, 1.58 per cent, to 14,098.01.

Commodities update

Gold was up 0.21 per cent to US$ 1,807.80. Brent oil gained 2.37 per cent to US$ 93.27/bbl. Crude oil was up 2.26 per cent to US$ 92.31/bbl.

Currency news

The loonie posted a 0.69 per cent loss Friday while USD/CAD ended at 1.2764. The US Dollar Index was at 95.49 against the basket of major currencies, down 0.11 per cent.

Money market

The US 10-year bond yield rose 4.34 per cent to 1.916 and the Canada 10-year bond yield was up 3.05 per cent to 1.856.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (Kalkine Media, we or us), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.


AU_advertise

Advertise your brand on Kalkine Media

Sponsored Articles


Investing Ideas

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.