TSX Slips In Red Zone At The Start Of Week

2 min read | March 30, 2021 08:31 AM AEDT | By Team Kalkine Media

Copyright © 2021 Kalkine Media Pty Ltd.

The TSX Composite Index lost 0.18% and settled at 18,719.22 on Monday, March 29. Other indices also showed a downturn. Energy was down by 0.97%, Financials down 0.17% and Healthcare down 1.62%. The traded volume on TSX was 235.28 million. The TSX Venture Index fell 0.79% to settle at 935.83.

 5-day TSX Composite Daily Price Chart (as on 29 March 2021). Source: EODHD/Others (Thomson Reuters) 

Sector Summary  

Source: EODHD/Others (Thomson Reuters)

Movers and Laggards on TSX Composite

Top-5 Movers

Ticker

Company Name

% Change

ATD.B

Alimentation Couche-Tard Inc

3.7%

WN

George Weston Ltd

3.7%

DOO

BRP Inc

3.7%

PXT

Parex Resources Inc

2.9%

IFC

Intact Financial Corp

2.4%

Top-5 Laggards

WPRT

Westport Fuel Systems Inc

-8.4%

BLDP

Ballard Power Systems Inc

-6.3%

FVI

Fortuna Silver Mines Inc

-5.8%

SOY

Sunopta Inc

-5.5%

OGI

OrganiGram Holdings Inc

-5.4%

Source: EODHD/Others (Thomson Reuters)

 

Volume Movers:

TC Energy Corp was the most heavily traded stock by volumes on the TSX with 16.93 million exchanging hands, followed by Power Corporation of Canada, and Suncor Energy with traded volume of 13.90 million and 9.06 million, respectively.

 

US Markets:

United States market witnessed mixed signals on Monday where the S&P 500 Index went down by 0.09% to 3,971.09. The technology benchmark index Nasdaq Composite Index down 0.60% at 13,059.65, while the Dow Jones up by 0.30 % or ~98 points to 33,171.37.

 

US & Canada Bond Yield:

The US 10-Year Treasury bond yield rose by 2.67% to 1.71 on Monday due to optimism over the coronavirus vaccine and infrastructure initiatives taken by the government.

However, the Canada 10-Yr Government Bond Yield went up by 2.27% to 1.53.  

 

Commodity and Currency Update

WTI Crude Oil Future up by 1.33% to US$ 61.56/bbl on Monday while the International benchmark Brent Oil up by 0.98% to US$ 64.98/bbl as investors curiously waiting for the OPEC+ meeting later this week, where output levels for the May will be addressed.

Gold Futures prices reported decline of nearly two weeks low ~1.17% to US$ 1,712.20/oz due to strengthening of dollar, rising yields, and increased cryptocurrency utilization.

The USD/CAD was up 0.02% to 1.25 on Monday. 

The US Dollar Index moved 0.20% higher on Monday against the basket of majors at 92.956 amid surge in Treasury Yields, optimism over COVID-19 vaccine and US economic reforms.

 


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.