Gains in the energy and base metals sectors helped lift Canada’s main stock index higher in Tuesday trading. Utilities and Industrials were lower.
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Wall Street's main indexes moved higher as a full US approval of a COVID-19 shot boosted shares of energy and travel-related companies. Drug delivery system developer N4 Pharma opened strong after announcing that it had made progress on two projects testing the applicability of its technology in the gene therapy and its COVID-19 vaccine spaces ... only to fall lower by close. Cruise operators including Carnival Corp rose about 1%, while online travel agencies and casino companies also rose. Gains in technology stocks pushed the Nasdaq to fresh highs. Economically sensitive cyclicals and smallcaps outperformed the broader market.
Today in the Markets
The Canadian dollar traded for 79.42 cents US compared with 78.85 cents US on Monday.
Crude oil prices were up $2.11 to $67.75.
The price of gold was up 1.00 to $1,805.79.
In world markets, the Nikkei was up 237.86 points to 27,732.10, the Hang Seng was up 618.33 points to 25,727.92 the FTSE was up 16.76 points to 7,125.78 and the DAX was up 53.06 points to 15,905.85.
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Today in the News:
PyroGenesis Canada Inc. | HPQ Launches Revolutionary and Breakthrough Green Hydrogen Extraction Technology Venture |
Nexus Gold Corp. | Nexus Gold Drills 12m of 1.18 g/t Au, Including 12.7 g/t Au over 1m, at the Dakouli 2 Gold Concession, Burkina Faso, West Africa |
Cortus Metals Inc. | Cortus Defines High Priority Drill Targets at Its Powerline Project Along Strike from the Spring Valley Deposit in Nevada |
Mission Ready Solutions Inc | Mission Ready Solutions to Present Corporate Update - Live Event - August 30, 2021 |
St. James Gold Corp | ST. JAMES GOLD CORP. (TSX-V: LORD) UPSIZES BROKERED PRIVATE PLACEMENT TO $5.5 MILLION |
Siyata Mobile Inc. | Siyata Mobile Receives Purchase Order for Multinational Defense Contractor |
Global Hemp Group Inc. | Global Hemp Group Signs a Collaboration Agreement with the National Autonomous University of Mexico (UNAM) |
Zoomd Technologies Ltd | Zoomd Reports Record 2Q2021 Financial Results, Highlighted by 97% YOY Revenue Growth |
Patriot Battery Metals Inc. | Patriot Battery Metals Announces Drill Program at the Corvette-FCI Property, Quebec, Canada |
Monarch Mining Corporation | Monarch Mining Files a Technical Report for Its Beaufor Mine Project |
Hut 8 Mining Corp. | Hut 8 to Join BMO's 2021 Technology Summit, Crypto Mining Panel on August 24, 2021 |
Avicanna Inc. | Avicanna Expands Sales of Pura Earth and RHO Phyto Branded Topicals into Alberta's Retail Channels |
Mindset Pharma Inc. | Mindset Pharma Broadens its IP Portfolio by Filing U.S. Provisional Patent Extending its DMT and 5-MeO-DMT Inspired Psychedelic Drug Candidates |
First Helium Inc. | First Helium Completes Preliminary Engineering Study of Infrastructure Required to Bring Worsley Property Into Production |
Extreme Vehicle Battery Technologies Corp. | EV Battery Tech Ships First IoniX Pro Home SmartWall |
Delta 9 Cannabis Inc. | Delta 9 Continues Retail Expansion with Opening of Thirteenth Cannabis Store |
Graph Blockchain Inc. | New World NFT Platform Adds Motion Capture Technology to Create Unique NFTs |
Cerrado Gold Inc. | Cerrado Gold Reports After Tax NPV5% of US$617 Million with IRR of 94.8% in Its Updated Preliminary Economic Assessment at Its Monte do Carmo Gold Project in Brazil |
Voxtur Analytics Corp. | Voxtur Strengthens Its Cloud-Based Valuation Management Platform With Acquisition of Xome Valuations |
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