Respectable Gains for TSX
Equities in Canadas largest centre moved marginally higher by the closing bell on Tuesday, as strong performances by energy and consumer stocks powered the rise. The TSX Composite index enjoyed gains of 25.77 points to end the session at 20,171.02. The Canadian dollar declined 0.36 cents to 80.71 cents U.S. Thursday, markets in Canada are closed in honour of Canada Day. In the oil patch, ARC Resources soared 35 cents, or 3.4%, to $10.60, while Tourmaline Oil rebounded $1.35, or 4.2%, to $34.38. In the consumer discretionary field, Gildan Activeweat popped $2.05, or 4.6%, to $46.49, while Canada Goose Holdings hiked $1.83, or 3.5%, to $54.02. Industrials fared well, too, as Cargojet flew $8.69, or 5%, to $182.33, while Air Canada added 50 cents, or 2%, to $25.86. On the flip side, health concerns got bruised, notably Tilray, tilting 80 cents, or 3.5%, to $22.18, while Aurinia Pharmaceuticals doffed 55 cents, or 3.3%, to $16.29. Utilities also stumbled, with Algonquin Power Utilities faltering 37 cents, or 2%, to $18.63, while Capital Power fell 58 cents, or 1.4%, to $41.11.
Respectable Gains for TSX
Equities in Canadas largest centre moved marginally higher by the closing bell on Tuesday, as strong performances by energy and consumer stocks powered the rise. The TSX Composite index enjoyed gains of 25.77 points to end the session at 20,171.02. The Canadian dollar declined 0.36 cents to 80.71 cents U.S. Thursday, markets in Canada are closed in honour of Canada Day. In the oil patch, ARC Resources soared 35 cents, or 3.4%, to $10.60, while Tourmaline Oil rebounded $1.35, or 4.2%, to $34.38. In the consumer discretionary field, Gildan Activeweat popped $2.05, or 4.6%, to $46.49, while Canada Goose Holdings hiked $1.83, or 3.5%, to $54.02. Industrials fared well, too, as Cargojet flew $8.69, or 5%, to $182.33, while Air Canada added 50 cents, or 2%, to $25.86. On the flip side, health concerns got bruised, notably Tilray, tilting 80 cents, or 3.5%, to $22.18, while Aurinia Pharmaceuticals doffed 55 cents, or 3.3%, to $16.29. Utilities also stumbled, with Algonquin Power Utilities faltering 37 cents, or 2%, to $18.63, while Capital Power fell 58 cents, or 1.4%, to $41.11.