💥 Fed cuts sparks mid cap boom! ProPicks AI scores with 4 stocks +23% each. Get October’s update first.Pick Stocks with AI

TSX extends gains to sixth straight session

Published 2019-11-08, 10:20 a/m
© Reuters.  TSX extends gains to sixth straight session
XAU/USD
-
GC
-
LCO
-
CL
-
GSPTSE
-
CJRb
-
EFX
-
ERF
-
ATRL
-
STN
-
GSPTTHC
-
GSPTTMT
-
SPTTTK
-
SPTTEN
-
ENB
-
HRT
-

Nov 8 (Reuters) - Canada's main stock index rose for a sixth straight session on Friday, led by a rally in the technology and healthcare sectors, but lower oil prices and weak Canadian jobs and housing permits data limited gains.

* At 10:03 a.m. ET (1503 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 23.42 points, or 0.14%, at 16,829.17.

* Data on Friday showed that the Canadian job market unexpectedly held steady in October, losing 1,800 net positions against a Reuters poll expectation of a gain of 15,900 jobs, while the unemployment rate remained at 5.5%. Separate data showed housing starts in the same month fell compared with September, while another set revealed Canadian buildings permits dropped 6.5% in September. The technology sector .SPTTTK led gains, up 1.2%, followed by the healthcare sector .GSPTTHC

* The energy sector .SPTTEN dropped 1.3% as U.S. crude CLc1 prices were down 1.7% a barrel, while Brent crude LCOc1 lost 1.9%. O/R

* The materials sector .GSPTTMT , which includes precious and base metals miners and fertilizer companies, added 0.1% as gold futures GCc1 rose 0.3% to $1,469.1 an ounce. GOL/ MET/L

* On the TSX, 101 issues were higher, while 126 issues declined for a 1.25-to-1 ratio to the downside, with 37.29 million shares traded.

* The largest percentage gainer on the TSX was Stantec Inc STN.TO , which jumped 5.1%, followed by Enerflex Ltd EFX.TO , which rose 4.5%.

* SNC-Lavalin SNC.TO fell 5.3%, the most on the TSX. The second-biggest decliner was Enerplus Corp ERF.TO , down 4.9%.

* The most heavily traded shares by volume were Enbridge Inc ENB.TO , Harte Gold Corp HRT.TO and Corus Enter B CJRb.TO .

* The TSX posted 11 new 52-week highs and two new lows.

* Across all Canadian issues, there were 36 new 52-week highs and nine new lows, with total volume of 66.37 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.