TSX Sustains Positive Momentum, Up 0.13%

2 min read | April 07, 2021 12:10 AM EDT | By Team Kalkine Media

Google News:

TSX Sustains Positive Momentum, Up 0.13%

Recent News

Why Is Canopy Growth (TSX:WEED) Gaining in TSX Composite After Germany...

Why Is Celestica (TSX:CLS) Rising in S&P/TSX Composite Index on AI Dem...

Why Is Celestica (TSX:CLS) Stock Gaining in TSX Composite on AI Demand...

Why Is Cenovus Energy (TSX:CVE) Up After Dividend Hike in S&P/TSX Comp...

Make Kalkine Media
My Trusted Source

Canadian main equity indicator TSX Composite Index continued its upward trend on Wednesday amid investors optimism towards materials, energy, and technology sectors. The index has been in green territory since the beginning of April. Commodity stocks and strong economic growth also played a crucial role in this. The leading TSX Composite Index was up 0.13% to 19,129.07. The other broader indices also settled in green. The S&P/TSX 60 traded 0.29% higher while TSX Venture index was down by ~0.92% to 955.09. Total traded volume on TSX was 214.41 million on Wednesday.

US markets although showed the mixed results where the S&P 500 recorded the upside of ~0.15% to 4,079.95, followed by Dow Jones that gained 0.05% to 33,446.26. The Nasdaq Composite Index traded 0.07% lower at 13,688.84, respectively.

Price Chart five days for TSX Composite recorded on April 07 2021 . Source: EODHD/Others (Thomson Reuters)

Movers and Laggards on TSX Composite

Ticker	Company Name	% change
	Top-5 Movers
WFG	West Fraser Timber Co Ltd	5.5%
ATDb	Alimentation Couche-Tard Inc	3.7%
IFP	Interfor Corp	3.1%
GIL	Gildan Activewear Inc	3.0%
CFP	Canfor Corp	2.3%
	Top-5 Laggards
AT	AcuityAds Holdings Inc	-9.4%
CAS	Cascades Inc	-7.8%
VFF	Village Farms International Inc	-7.2%
LAC	Lithium Americas Corp	-6.7%
ACB	Aurora Cannabis Inc	-6.4%

Source: EODHD/Others (Thomson Reuters)

Volume Leaders: Bombardier Inc. (13.04 mn), Toronto-Dominion Bank (10.71 mn) and TC Energy Corporation (9.98 mn), respectively.

Money Market Update:

US 10-Year Treasury Bond yield up by 1.29% to 1.67 followed by the Canada 10-Yr Government Bond Yield up by 0.94% to 1.50.

Commodity and Currency Update

Amid the anticipation of stronger economic recovery, commodity stocks are boosting up. Same trend is witnessed in oil prices too. WTI Crude Oil Future up by 0.74% to US$ 59.77/bbl on Wednesday followed by the International benchmark Brent Oil up by 0.67% to US$ 63.16/bbl. Gold Futures prices down by 0.08% to US$ 1,740.10.

The USD/CAD up 0.35% to 1.26 on Wednesday while the US Dollar Index moved 0.13% higher against the rest of the bucket of currencies at 92.472 mainly attributed to recovery seen in global oil prices.

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 Incorporated (Kalkine Media), Business Number: 720744275BC0001 and is available for personal and non-commercial use only. The advice given by Kalkine Media through its Content is general information only and it does not take into account the user’s personal investment objectives, financial situation and specific needs. Users should make their own enquiries about any investment 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 is not registered as an investment adviser in Canada under either the provincial or territorial Securities Acts. Some of the Content on this website may be sponsored/non-sponsored, as applicable, however, on the date of publication of any such Content, none of the employees and/or associates of Kalkine Media hold positions in any of the stocks covered by Kalkine Media through its Content. 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 in the Content are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used in the Content unless stated otherwise. The images/music that may be used in the Content 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 or was found to be necessary.