TSX Clears Breakeven
Equities in Canada’s largest centre managed to surmount the closing level of the day before, as energy gain, just managed to overcome weakness in financial and health-care stocks. The TSX gained 10.43 points to close Tuesday to 19,985.35. The Canadian dollar recovered 0.55 cents to 77.18 cents U.S. Financials were in the spotlight for the wrong reasons, as Scotiabank slid $4.26, or 5.3%, to $76.52, while Sun Life dipped $1.12, or 1.9%, to $59.52. In health-care issues, Bausch Health Companies descended 47 cents, or 6.5%, to $6.81, while Aurora Cannabis docked five cents, or 2.7%, to $1.83. In tech companies, Quarterhill lost three cents, or 1.6%, to $1.87, while Shopify ditched $1.10, or 2.6%, to $42.15. Energy stocks tried to even things out, as Precision Drilling hiked $4.06, or 5%, to $85.61, while MEG Energy triumphed 89 cents, or 5.3%, to $17.85. In materials, Lundin Mining picked up 58 cents, or 8.5%, to $7.39, while Hudbay Minerals acquired 51 cents, or 9.5%, to $5.86. Among gold stocks, Equinox Gold advanced 13 cents, or 2.7%, to $5.01, while Iamgold Corporation was seven cents, or 4.3%, to the better, at $1.71.
TSX Clears Breakeven
Equities in Canada’s largest centre managed to surmount the closing level of the day before, as energy gain, just managed to overcome weakness in financial and health-care stocks. The TSX gained 10.43 points to close Tuesday to 19,985.35. The Canadian dollar recovered 0.55 cents to 77.18 cents U.S. Financials were in the spotlight for the wrong reasons, as Scotiabank slid $4.26, or 5.3%, to $76.52, while Sun Life dipped $1.12, or 1.9%, to $59.52. In health-care issues, Bausch Health Companies descended 47 cents, or 6.5%, to $6.81, while Aurora Cannabis docked five cents, or 2.7%, to $1.83. In tech companies, Quarterhill lost three cents, or 1.6%, to $1.87, while Shopify ditched $1.10, or 2.6%, to $42.15. Energy stocks tried to even things out, as Precision Drilling hiked $4.06, or 5%, to $85.61, while MEG Energy triumphed 89 cents, or 5.3%, to $17.85. In materials, Lundin Mining picked up 58 cents, or 8.5%, to $7.39, while Hudbay Minerals acquired 51 cents, or 9.5%, to $5.86. Among gold stocks, Equinox Gold advanced 13 cents, or 2.7%, to $5.01, while Iamgold Corporation was seven cents, or 4.3%, to the better, at $1.71.