Stocks Enjoy 5th Straight Day of Gains
Thursday saw equities in Canada run their win streak to a fifth straight session, as gains in techs and industrials overpowered losses in health-care and energy. The TSX advanced 42.18 points to close Thursday at 19,062.85 The Canadian dollar was up 0.09 cents Thursday to 77.69 cents U.S. Tech issues moved forward as Shopify piled on $2.42, or 4.9%, to $52.08, while Tecsys rallied $1.77, or 5%, to $37.23. Among industrials, Mullen Group traveled $1.45. or 12.4%, to $13.19, while TFI International climbed $3.67, or 3.2%, to $119.58. In real-estate, Summit REIT units acquired 53 cents, or 3.1%, to conclude Thursday at $17.51, while Interrent REIT, up 32 cents, or 2.6%, to $12.52. Health-care proved a weight on the index, as Canopy Growth slid 36 cents, or 9.2%, to $3.57, while Aurora Cannabis gave back 15 cents, or 7.1%, to $3.57. In energy stocks, Precision Drilling capsized $3.73, or 4.9%, to $72.80, while Tamarack Valley Energy fell back 20 cents, or 4.7%, to $4.08. Rogers Communications sank 36 cents to $60.04, on appointing Ron McKenzie as its new chief technology and information officer, weeks after an unprecedented outage at one of Canada''s biggest telecom operators shut banking, transport and government access for millions.
Stocks Enjoy 5th Straight Day of Gains
Thursday saw equities in Canada run their win streak to a fifth straight session, as gains in techs and industrials overpowered losses in health-care and energy. The TSX advanced 42.18 points to close Thursday at 19,062.85 The Canadian dollar was up 0.09 cents Thursday to 77.69 cents U.S. Tech issues moved forward as Shopify piled on $2.42, or 4.9%, to $52.08, while Tecsys rallied $1.77, or 5%, to $37.23. Among industrials, Mullen Group traveled $1.45. or 12.4%, to $13.19, while TFI International climbed $3.67, or 3.2%, to $119.58. In real-estate, Summit REIT units acquired 53 cents, or 3.1%, to conclude Thursday at $17.51, while Interrent REIT, up 32 cents, or 2.6%, to $12.52. Health-care proved a weight on the index, as Canopy Growth slid 36 cents, or 9.2%, to $3.57, while Aurora Cannabis gave back 15 cents, or 7.1%, to $3.57. In energy stocks, Precision Drilling capsized $3.73, or 4.9%, to $72.80, while Tamarack Valley Energy fell back 20 cents, or 4.7%, to $4.08. Rogers Communications sank 36 cents to $60.04, on appointing Ron McKenzie as its new chief technology and information officer, weeks after an unprecedented outage at one of Canada''s biggest telecom operators shut banking, transport and government access for millions.