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Stockhouse @ the Bell: Energy & Metals Slash Earlier Gains from the Week

Stockhouse Editorial
1 Comment| July 16, 2021

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Losses in the base metal and energy sectors helped drag Canada’s main stock index lower in Friday trading to close out an up-and-down week. Telecom and utilities moved higher.

US stock markets also pulled back. The Biden administration issued a blanket warning to US firms about the risks of doing business in Hong Kong. Four Cabinet agencies released an advisory that business could incur reputational and legal damages for engaging with Hong Kong.

Today in the Markets

TSX 19,985.54 -198.18 Click to enlarge
TSXV 908.31 -20.22 Click to enlarge
CSE 731.80 -11.31 Click to enlarge
DJIA 34,687.85 -299.17 Click to enlarge
NASDAQ 14,427.24 -115.90 Click to enlarge
S&P 500 4,327.82 -32.87 Click to enlarge

The Canadian dollar traded for 79.39 cents US compared with 79.54 cents US on Thursday.

Crude oil prices were down $0.12 to $71.53.

The price of gold was down 18.94 to $1,810.71.

In world markets, the Nikkei was down 276.01 points to 28,003.08, the Hang Seng was up 8.41 points to 28,004.68 the FTSE was down 3.93 points to 7,008.09 and the DAX was down 89.35 points to 15,540.31.

Top 10 Bullboards:

Company Ticker Views
PyroGenesis Canada Inc. T.PYR 5425
Reconnaissance Energy Africa Ltd V.RECO 2988
Datametrex AI Ltd V.DM 2167
Therma Bright Inc. V.THRM 1771
Crescent Point Energy Corp. T.CPG 1751
Sokoman Minerals Corp. V.SIC 1592
Fobi Ai Inc V.FOBI 1569
Inter Pipeline Ltd T.IPL 1501
National Fuel Gas Company NFG 1484
HEXO Corp. T.HEXO 1446

Today in the News:

ShaMaran Petroleum Corp | ShaMaran Announces Successful Placement of New USD 300 Million Bond
Mission Ready Solutions Inc | Mission Ready Announces Listing in Mergent Manuals
Defense Metals Corp. | Defense Metals Prepares for 2021 Wicheeda Rare Earth Element Deposit Drilling Campaign
Jackpot Digital Inc. | Jackpot Provides Update on Spinout of iGaming Company
PyroGenesis Canada Inc | P. Peter Pascali Updates Early Warning Report
Orford Mining Corp. | Orford announces a $1.5 million financing
Chalice Brands Ltd | Chalice Brands Ltd. Applauds the Passing of Oregon Senate Bill 408 Cannabis Omnibus Bill
Westhaven Ventures Inc | Westhaven Announces Voting Results From 2021 Annual General Meeting
Sky Gold Corp | Sky Gold Reports Drill Results From the Mustang Project, Newfoundland
Revive Therapeutics Ltd. | Revive Therapeutics Provides Update on FDA Phase 3 Clinical Trial for Bucillamine in COVID-19

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