TSX Up Marginally, Norbord & Ballard Power Top Gainers

2 min read | November 19, 2020 12:46 PM EST | By Team Kalkine Media

Canada’s benchmark leading index closed 19.99 points or 0.12% higher at 16,909.81 on Thursday. The index ended above its crucial long-term support level of 200-day, 100-day and 50-day, simple moving averages (SMAs).

At the close, the S&P/TSX Composite Index featured a dividend yield of 3.45% and traded at a Price-to-Earnings multiple of 19.35x.

Five-year price chart of S&P/TSX Composite Index / Source: EODHD/Others, Thomson Reuters

The TSX Venture composite index lost 3.06 points or 0.42% to close at 729.44 on November 19, 2020.

On the Toronto Stock Exchange, Academic and Educational Services and technology were the biggest gainers of the day, while consumer non-cyclicals and basic materials were at the bottom.

Source: EODHD/Others, Thomson Reuters

 

Stocks in Play*

 

Top Gainers: Norbord Inc (up 11.14%), Ballard Power Systems Inc (up 7.00%), and Corus Entertainment Inc. (up 4.16%) respectively.

Bottom Losers: Ero Copper Corp (down 3.65%), Aphria Inc (down 3.61%), and Ivanhoe Mines Ltd (down 3.38%) respectively.

Volume Leaders: Suncor Energy Inc., Manulife Financial Corporation and Bombardier Inc.

 

On Wall Street: Global benchmark indexes of the United Stated climbed marginally during Thursday’s trade, with the S&P 500 index gaining 14.08 points or 0.39% to 3,581.87. On the other hand, Dow Jones Industrial added 44.81 points or 0.15% higher to 29,483.23 and tech-heavy Nasdaq Composite index traded rose by 103.11 points or 0.87% to 11,904.71.

 

Commodity News*

 

The international oil benchmark Brent Futures closed 0.32% lower at US$ 44.20/bbl while Crude WTI traded 0.19% lower at US$ 41.74/bbl.

Gold Futures traded loses for the third day by 0.66% and closed at $ 1,861.50/oz.

 

Currency News*

 

The Canadian dollar gained against its U.S. greenback in the November 19, 2020 for the second session. At the close USD/CAD traded 0.08% lower at 1.3071.

The greenback extends the decline for the sixth consecutive day, with U.S Dollar Index traded 0.02% lower at 92.25.

*All details as on November 19, 2020, after markets close.

 


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