Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Material, healthcare stocks pull TSX higher

Published 2019-05-27, 10:03 a/m
Updated 2019-05-27, 10:10 a/m
© Reuters.  Material, healthcare stocks pull TSX higher

May 27 (Reuters) - Canada's main stock index rose on Monday boosted by the healthcare sector and material stocks as gold prices hit a more than one-week peak and U.S.-China trade tensions curbed risk appetite.

* At 9:55 a.m. EDT (13:55 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 18.49 points, or 0.11%, at 16,248.53.

* The Canadian dollar CAD=D4 was little changed against its U.S. counterpart on Monday, trading in a narrow range ahead of a Bank of Canada interest rate decision later in the week.

* Seven of the index's 11 major sectors were higher, led by healthcare .GSPTTHC , which rose about 1%.

* The materials sector .GSPTTMT , which includes precious and base metals mining companies added 0.3% as gold prices rose. GOL/

* The financials sector .SPTTFS gained 0.1%, while the industrials sector .GSPTTIN rose 0.2%.

* The energy sector .SPTTEN dropped 0.1% as U.S. crude CLc1 prices were down 0.4% a barrel, while Brent crude LCOc1 added 0.5%. O/R

* On the TSX, 157 issues were higher, while 73 declined for a 2.15-to-1 ratio favoring gainers, with 10.20 million shares traded.

* The largest percentage gainers on the TSX were Eldorado Gold Corp ELD.TO , which jumped 11.2% and Cronos Group Inc CRON.TO , which rose 4.8%.

* New Gold Inc NGD.TO fell 3.3%, the most on the TSX, and the second biggest decliner was Enerflex Ltd EFX.TO , down 1.6%.

* The most heavily traded shares by volume were Stornoway Diamond Corp SWY.TO , Aphria Inc APHA.TO , and Burcon NutraScience Corp BU.TO .

* The TSX posted one new 52-week high and 2 new lows.

* Across all Canadian issues there were 20 new 52-week highs and seven new lows, with total volume of 23.91 million shares.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.