Investors in Canada’s main stock market seemed to mark the fact that the soccer World Cup is well and truly underway in Qatar by pushing the Toronto Stock Exchange up near 60 points on Thursday to make it a ‘hat trick’ of successive winning days for total gains of near 360 points. This takes the overall index closer to the 20,400 level and its highest levels in five months.
Almost all sectors reported gains today, with Battery Metals leading up near 0.8%, followed by Info Tech and Health Care, both up nearer 0.6%
In the commodities space, while there was some electronic trading Thursday, volumes were seen as light. There was more focus on Europe where diplomats were locked in talks over how strict a price cap on Russian oil should be. According to Bloomberg, some countries were saying a $65 proposal was “too generous” to Moscow. Negotiations between EU ambassadors was delayed beyond Thursday.
Low volumes were also observed with US investors, and many in Canada, marking the Thanksgiving holiday.
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Stock Price data may be delayed up to 15 minutes.
Copyright © 2022. Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. All Rights Reserved. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. Investing in stocks, bonds, option and other financial instruments involve risks and may not be suitable for everyone. Portfolio results are unaudited and based on varying investment expiration dates. Terms of Service | Privacy Policy
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
