TSX tumbles amid weakening in multiple sectors, down 23.98 points at 20,287.80

2 min read | July 30, 2021 05:30 PM EDT | By Team Kalkine Media

Canada’s broader TSX composite Index fell 23.98 points or 0.12% on the last day of the week to close at 20,287.80. Multiple sectors such as Healthcare, Energy and Base Metals plummeted to drag the TSX into red on Friday.

The TSX Healthcare, Energy and Base Metals indices declined by 2.29% &, 0.89% and 0.89%, respectively. However, Industrials and Technology sectors registered gains of 0.92% and 0.09%, respectively.

TSX Composite one-year price chart: Analysis by Kalkine Group (Source: EODHD/Others)

 

Gainers and Losers

Actively Traded Stocks

Suncor Energy Inc. was the most actively traded stocks with 7.93 million shares exchanging hands, followed by Tamarack Valley Energy Ltd. with a trading volume of 6.70 million and Toronto Dominion Bank with 5.65 million shares trading volume.

Wall Street Update

Major indices of the Wall Street slipped from record highs with the price dominated Dow declining 0.29% to 34,836.12, the S&P 500 also declining by 0.19% to 4,387.16. The Nasdaq Composite increased slightly and settled 0.06% to 14,681.1.

Commodity Update

Gold traded on positive note at US$ 1,822.20/oz, up 0.31%.

Brent Crude Oil fell 2.98% to US$ 72.89/bbl, while WTI Crude Oil fell by 3.34% to US$ 71.26/bbl.

Currency News

The Canadian Dollar was down against the U.S. Dollar with the USD/CAD closing at 1.2470, gained 0.33%.

The U.S. Dollar index weakened against the basket of majors and traded 0.13% lower at 92.065. 

Money Market

The US 10-year bond yield tanked 3.18% and closed in red at 1.226.

The Canada 10-year bond yield, on the other hand,  slide 0.25% and closed at 1.203 on Friday.


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