Post by
retiredcf on Jul 05, 2023 6:15am
Stockchase After the Close
With Wall Street closed for Independence Day, the TSX rose 0.21% to nearly 20,200 in light holiday trading. OPEC and Russia announced oil production cuts which helped lift the Canadian index. Naturally, energy was a leading sector as well as materials and real estate. Only four sectors lagged, led by staples.
WTI and WCS both added 1.73% on Tuesday to reach $71 and $59.34 a barel respectively.
On the TSX, notable movers were Tilray soaring 11.22%, TD up 1.5% as the heaviest-traded name, Athabasca Oil 2.09%, Innergex Renewable at 5.19% and Equinox Gold adding 7.25%. In contrast, the Bank of Nova Scotia shed 1.48%.
Be the first to comment on this post