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Stockhouse @ the Bell: TSX Overcomes Energy & Mining Losses

Stockhouse Editorial
6 Comments| July 6, 2021

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Canada's main stock index posted a mild rebound to close out on top on Tuesday, despite losses in the energy sector, as the price of oil fell. The health care, financial, and mining sectors also closed lower.

Sponsored by
PyroGenesis Announces $4.6 MM Increase in Funding to Transform Quartz into Fumed Silica

With the best of the economic recovery from the pandemic probably behind the US, stocks stumbled as Wall Street kicked off the holiday-shortened week. Dragged down by losses in JPMorgan, Chevron and Goldman Sachs, the Dow Jones Industrial Average had fallen more than 400 points, at one point. After both averages hit records at the open, The S&P 500 dipped 0.6% and the NASDAQ composite closed just above the flatline. US benchmark West Texas Intermediate crude topped $76.98 (USD) per barrel, its highest price since November 2014.

Today in the Markets

TSX 20,300.03 +18.57 Click to enlarge
TSXV 953.52 -10.68 Click to enlarge
CSE 777.35 -2.97 Click to enlarge
DJIA 34,577.37 -208.98 Click to enlarge
NASDAQ 14,663.64 +24.32 Click to enlarge
S&P 500 4,343.54 -8.80 Click to enlarge

The Canadian dollar traded for 80.09 cents US compared with 81.02 cents US on Monday.

Crude oil prices were down $1.48 to $73.68.

The price of gold was up 5.67 to $1,797.07.

In world markets, the Nikkei was up 45.02 points to 28,643.21, the Hang Seng was down70.64 points to 28,072.86 the FTSE was down 64.03 points to 7,100.88, and the DAX was down 150.59 points to 15,511.38.

Top 10 Bullboards:

Company Ticker Views
PyroGenesis Canada Inc. T.PYR 3346
Datametrex AI Ltd V.DM 2512
Xebec Adsorption Inc. T.XBC 2401
Reconnaissance Energy Africa Ltd V.RECO 2338
National Fuel Gas Company NFG 2032
Sokoman Minerals Corp. V.SIC 1806
Nevada Copper Corp. T.NCU 1348
Baytex Energy Corp. T.BTE 1314
Athabasca Oil Corporation T.ATH 1307
Bombardier Inc. T.BBD.A 1207

Today in the News:

Canada House Wellness Group Inc. | Abba Medix Surpasses 1,000 Active Medical Patient Registrations
Alphamin Resources Corp | Alphamin Announces Q2 2021 EBITDA Guidance of US$34m and Production, Sales and Growth Projects Update
Arctic Star Exploration Corp | Diamonds Confirmed at the Sequoia Kimberlite Complex, Arctic Reports First Laboratory Results, Diagras Project, NWT, Canada
Monument Mining Limited | Monument Completes Independent Flotation Testwork
Liquid Avatar Technologies Inc Com | Liquid Avatar Technologies Joins Indicio Network Consortium to Drive Global Adoption of Decentralized Identity
Algernon Pharmaceuticals Inc. | Algernon Pharmaceuticals Announces it Will Not Advance Ifenprodil into Phase 3 Trial for COVID-19
Company C.ETI | EnviroLeach Secures Contract with Ocean Partners for High-Grade Gold Extraction
Skyharbour Resources Ltd. | Skyharbour's Partner Company Azincourt Energy Updates Plans for Summer Exploration Program at the East Preston Uranium Project
Azincourt Uranium Inc. | Azincourt Energy Updates Plans for Summer Exploration Program at the East Preston Uranium Project
Blockchain Foundry Inc | Gifty Engages Blockchain Foundry to Build a Cryptocurrency & NFT Gifting Platform
Newrange Gold Corp. | Newrange Drills Apparent Offset of Pamlico Mine in Follow-Up of New High-Grade Zone
New Age Metals Inc. | New Age Metals Commences IP Survey Over the Banshee Zone of the River Valley Palladium Deposit
Golden Lake Exploration Inc - Ordinary Shares | Golden Lake Completes Six Diamond Drill Holes and Initiates a Plan of Operation on The Jewel Ridge Property, Nevada
O2Gold Inc. | In Botella and Aparecida, O2Gold Intersects Veins With Max. Values of 36.6 g/t and 42.3 g/t Au; Announces New Logo
Royal Helium Ltd. | Royal Helium Resumes Climax Field Operations and Appoints Shayne Neigum as Manager of Well Operations
Pan Global Resources Inc | Pan Global Drills Further Wide Copper-Tin Intercepts with High Grades from near Surface at Escacena Project, Southern Spain
Sixth Wave Innovations Inc | Sixth Wave Insiders Settle Debt with Shares
PyroGenesis Canada Inc | PyroGenesis Announces $4.6 MM Increase in Funding to Transform Quartz into Fumed Silica; Signs $4MM Contract with HPQ Polvere
Psyched Wellness Ltd. | Psyched Wellness Receives Positive Results from It's 14-Day Oral Toxicity Preclinical Study
Nextech AR Solutions Corp. | Nextech AR Solutions Lands Multi-Year Contract with one of Fortune's 2021 World's Most Admired Companies
Talon Metals Corp | Talon Metals Announces First Assays for Newly Discovered Pool of Massive Nickel-Copper Mineralization: 13.92 Meters (45.5 Feet) Grading 5.54% Ni, 2.14% Cu (6.70% NiEq)
Chalice Brands Ltd | Chalice Brands Ltd. Pre-announces Highest Revenues to date during Second Quarter 2021
Killi Ltd. | Killi to Webcast Live at July 8, 2021
Cybin Inc. | Cybin Enters into Collaboration Agreement with Greenbrook TMS to Establish Mental Health Centers of Excellence

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