The S&P/TSX Composite index was up 0.94 per cent on Tuesday, October 25, and closed at 19,097.01. The gains came as the healthcare sector was up significantly by 6.34 per cent.
Sectors like information technology, base metals, and industrials also surged by 1.78 per cent, 1.66 per cent, and 0.91 per cent respectively.
One-year price chart of TSX Composite Index along with SMA 20-day, SMA 30-day, SMA-50-day (October 25).
Analysis by © 2022 Kalkine Media®
Shares of Royal Bank of Canada (TSX: RY) recorded significant trading activity on October 25 and registered a volume of 16.05 million. After Royal Bank was Calibre Mining Corp (TSX: CXB), whose trading volume was 12.13 million.
In the third position was Canopy Growth Corporation (TSX: WEED), whose 9.32 million shares exchanged hands on the TSX.
Wall Street update
US stocks closed Tuesday's trading session higher, thanks to increases in the consumer goods, basic materials, and technology industries.
The S&P 500 index increased by 1.63 per cent, the NASDAQ Composite index increased by 2.25 per cent, and the Dow Jones Industrial Average increased by 1.07 per cent to reach a new one-month high at the close on the NYSE.
The price of gold increased by 0.21 per cent to US$ 1,657.65 per troy ounce. In the meantime, the WTI Futures for December delivery increased by 0.87 per cent to US$ 85.32 per barrel, while the Brent oil contract was up 0.58 per cent to US$ 91.74 per barrel.
The CAD/USD gained 0.62 per cent, and it was at 0.7343 at market closing.