Stocks Continue Climb
Advantage, Restaurant Brands in Focus Whatever funk stocks in Toronto had been in most of the spring has been pushed aside. Monday, equities in the nation’s biggest centre enjoyed triple-digit gains as their American cousins enjoyed some time off. The SP|TSX leaped 170.82 points to conclude Monday at 20,919.40. The Canadian dollar gained 0.40 cents to 78.98 cents U.S. Energy stocks were champions on a day of subdued trading, as Advantage Oil Gas grabbed 66 cents, or 6.3%, to $11.11, while Secure Energy Systems advanced 14 cents, or 5.8%, to $7.49. In consumer discretionary stocks, Restaurant Brands International dashed ahead $1.63, or 2.5%, to $66.68, while Linamar moved ahead $1.31, or 2.5%, to $54.18. Information technology stocks also shone, with HUT 8 jumping 36 cents, or 11.3%, to $3.56, while Softchoice grabbed $1.45, or 6.6%, to $23.41. Utilities fell short, however, with Boralex slumbering $1.57, or 3.9%, to $39.20, while Brookfield Infrastructure Partners faltered $1.36, or 1.8%, to $75.85.
Stocks Continue Climb
Advantage, Restaurant Brands in Focus Whatever funk stocks in Toronto had been in most of the spring has been pushed aside. Monday, equities in the nation’s biggest centre enjoyed triple-digit gains as their American cousins enjoyed some time off. The SP|TSX leaped 170.82 points to conclude Monday at 20,919.40. The Canadian dollar gained 0.40 cents to 78.98 cents U.S. Energy stocks were champions on a day of subdued trading, as Advantage Oil Gas grabbed 66 cents, or 6.3%, to $11.11, while Secure Energy Systems advanced 14 cents, or 5.8%, to $7.49. In consumer discretionary stocks, Restaurant Brands International dashed ahead $1.63, or 2.5%, to $66.68, while Linamar moved ahead $1.31, or 2.5%, to $54.18. Information technology stocks also shone, with HUT 8 jumping 36 cents, or 11.3%, to $3.56, while Softchoice grabbed $1.45, or 6.6%, to $23.41. Utilities fell short, however, with Boralex slumbering $1.57, or 3.9%, to $39.20, while Brookfield Infrastructure Partners faltered $1.36, or 1.8%, to $75.85.