Last week’s top-gaining stocks on the TSX were Gear Energy, Nevada Copper, Trevali Mining, Scandium International and NexGen Energy.
The S&P/TSX Composite Index (INDEXTSI:OSPTX) opened higher last Friday (May 7) and was trading at 19,438.33 by midday. It closed the period at 19,476.27.
The index was supported by materials stocks, which rose on the back of a higher gold price.
Last Friday, the precious metal was on track to hit its best week in six months, with sister metal silver also on course for a weekly gain.
Our
Don t Wait Until It s Too Late
Gear Energy (TSX:GXE)
Nevada Copper (TSX:NCU)
By Reuters Staff
3 Min Read
May 6 (Reuters) - Canada’s main stock index was little changed on Thursday, as gains in gold were countered by a drop in oil prices, while Bombardier rose after strong quarterly results. At 09:38 a.m. ET (13:38 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was down 3.64 points, or 0.02%, at 19,307.1. Gold rose for a second straight session after the dollar retreated, as investors awaited U.S. economic data to gauge the Federal Reserve’s strategy on monetary support going forward. The materials sector, which includes precious and base metals miners and fertilizer companies, added 1.0% as gold futures rose 0.5% to $1,792.7 an ounce.
TSX flat as energy losses offset mining gains; Bombardier rises marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
CANADA STOCKS-TSX edges higher on energy boost Reuters 6 hrs ago
May 4 (Reuters) - Canada s main stock index rose on Tuesday, helped by energy stocks as crude prices gained on optimism over fuel demand, although data showing the country s C$1.1 billion trade deficit in March capped gains.
Popular Searches Oil prices rose after more U.S. states eased lockdowns and the European Union sought to attract travellers. Canada s trade balance shifted back to a deficit in March following two consecutive months of surplus, as imports jumped significantly while exports edged up slightly, Statistics Canada said. The energy sector climbed 0.7% as U.S. crude prices were up 1.7% a barrel, while Brent crude added 1.7%.
Nevada Copper: Nicht vergessen! () | aktiencheck de aktiencheck.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aktiencheck.de Daily Mail and Mail on Sunday newspapers.