Unlock Premium Data: Up to 50% Off InvestingProCLAIM SALE

CANADA STOCKS-TSX hits more than three-week high in broad-based rally

Published 2019-01-08, 10:20 a/m
© Reuters.  CANADA STOCKS-TSX hits more than three-week high in broad-based rally
LCO
-
CL
-
GOLD
-
0P6E
-
GSPTSE
-
TIH
-
GSPTTIN
-
SPTTFS
-
GSPTTMT
-
SPTTEN
-
NGD
-
APHA
-
HEXO
-
ACB
-

Jan 8 (Reuters) - Canada's main stock index touched a more than three-week high on Tuesday in a broad-based rally led by energy stocks, which rose in tandem with oil prices.

* At 9:38 a.m. ET (14:38 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 122.72 points, or 0.85 percent, at 14,626.85.

* A strong day for Europe and a higher opening for Wall Street were boosted by hopes that the United States and China would strike a deal to end their months-long trade war that has battered financial markets. .N MKTS/GLOB

* All of the 11 major TSX sectors were higher led by 1 percent rise in the energy sector. .SPTTEN

* U.S. crude CLc1 prices were up 1.7 percent per barrel, while Brent crude LCOc1 added 1.6 percent. O/R

* The financials sector .SPTTFS gained 0.8 percent, while the industrials sector .GSPTTIN rose 1.1 percent.

* The materials sector .GSPTTMT , which includes precious and base metals miners and fertilizer companies, gained 0.3 percent. GOL/ MET/L

* The largest percentage gainers on the TSX were New Gold Inc NGD.TO , which surged 7.8 percent after reporting fourth quarter results, followed by First Quantum Minerals Ltd FM.TO , which rose 4.7 percent.

* Toromont Industries Ltd TIH.TO fell 2.9 percent, the most on the TSX, while the second biggest decliner was Barrick Gold Corp ABX.TO .

* The most heavily traded shares by volume were Aurora Cannabis Inc ACB.TO , Aphria Inc APHA.TO and Hexo Corp HEXO.TO .

* On the TSX, 189 issues were higher, while 45 issues declined for a 4.20-to-1 ratio favouring gainers, with traded volumes touching 15.62 million shares.

* The TSX posted one new 52-week high and without any new low.

* Across all Canadian issues, there were three new 52-week highs and four new lows, with total volume touching 24.99 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.