Business & Investment

TSX keeps streak in light trading

Canada’s largest market stocks enjoyed three consecutive rising sessions on Thursday, supported by technology and healthcare shares, despite low trading volumes due to the US Thanksgiving holidays.

S & P / TSX Composite scored 73.12 points and closed Thursday at 21,621.55.

Canadian dollar regained 0.07 cents in the US 79.04 cents

In the parade on Thursday, HUT 8 Mining rose 96 cents (6.1%) to $ 16.79 and Dye & Durham rose $ 1.48 (3.7%) to $ 42.00.

In the healthcare sector, OrganiGram Holdings was up 5 cents (1.8%) to $ 2.77 and Chartwell Retirement Residences units were up 16 cents (1.4%) to $ 12.00.

Real estate concerns also ended green, with real estate issues at $ 8.55 at 21 cents (2.5%) and CT REIT units at $ 17.75 at 32 cents (1.8%).

But gold put pressure on things, with Iamgold returning 6 cents (1.5%) to $ 3.97 and New Gold returning 3 cents (1.6%) to $ 1.86.

Among other resources, Osisko Mining docked at $ 3.05 at 4 cents (1.3%) and Canfor Corp. slid to $ 29.24 at 39 cents (1.3%).

On the macroeconomic side, the United States has decided to almost double Canada’s obligations on softwood to 17.9% from most producers, Trade Minister Mary Ng said Wednesday, Canada was “extremely disappointed.” I have. “

Prime Minister Justin Trudeau said Wednesday that he was “extremely concerned” about the rise in living costs caused by high inflation, adding that Liberal government policies should help address the issue.

Statistics Canada reported that salary employment, as measured by the Employment, Salary, and Time Survey, increased by 91,100 (or 0.5%) in September.

Oil prices settled at $ 78.03 a barrel at 36 cents.

Gold prices rose $ 4 to $ 1,788.30 an ounce.

On Bay Street

The TSX Venture Exchange rose 4.46 points to 974.91.

All but two of the 12 TSX subgroups were green, with information technology jumping 1.1%, healthcare jumping 0.8%, and real estate jumping 0.6%.

The two delays were a 0.3% reduction in gold and a 0.1% reduction in material.

On Wall Street

The US market is closed on Thursday, Thanksgiving Day. The stock market closes early on Friday at 1:00 pm EST.

TSX keeps streak in light trading

http://www.baystreet.ca/articles/marketupdates.aspx?articleid=72305 TSX keeps streak in light trading

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