TSX ticks higher despite employment data, loonie up by 0.48%

Canada’s main equity index gained slightly by 31.10 points or 0.15 per cent to close at 19,577.04 on Thursday, August 4

The S&P/TSX Composite Index gained 0.2 per cent during the trading session and closed at 19,545.94 points.

Investors saw a decline in stock prices on Wall Street and in Canada due to China's criticism of Nancy Pelosi, the speaker of the US House of Representatives.

The main Canadian index shot up on Friday, July 29, amid relatively positive earnings results from some of the significant market players and the latest gross domestic product (GDP) estimates that indicated an expanding economy for Canada.

The S&P/TSX Composite Index was up by 202.15 points and closed at 19,456.71 and the surge in the energy, industrial, and information technology sectors increased the price of the shares.

Notably, the energy and base metals sectors were up 2.9 per cent at Toronto close, and the IT sector recorded the highest gains of 4.3 per cent.

The IT sector declined significantly by 4.6 per cent, and the health care sector losses stood at 2.6 per cent.

The TSX Composite Index saw an increase of 0.64 per cent to 19,104.48, on Monday, July 25. Energy and base metals saw the biggest gains.

The TSX Composite Index fell 0.42 per cent to 18,982.92 on July 22. Healthcare and technology were the biggest losers and commodity stocks were down too.

Tech and industrials were the biggest gainers Thursday, July 21, as the TSX Composite rose for the fifth day in a row.