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Stockhouse @ the Bell: All major North American stock exchanges jump Thursday, as Omicron fears ease

Stockhouse Editorial
2 Comments| December 23, 2021

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The TSX stock index extended gains for the third consecutive session on Thursday, aided by energy shares, while early data suggests the Omicron variant of the coronavirus is less severe than feared, appearing to have calmed investor nerves.

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According to research by London’s Imperial College published Wednesday, the risk of needing to stay in hospital for patients with the Omicron variant is 40 to 45% lower than for patients with the Delta variant. Investor optimism continues to grow now that the economic impact of the Omicron coronavirus variant could be less than first thought.

Today in the Markets


TSX 21,229.68 +10.75 Click to enlarge
TSXV 934.97 +6.16 Click to enlarge
CSE 531.02 +3.88 Click to enlarge
DJIA 35,950.56 +196.67 Click to enlarge
NASDAQ 15,653.37 +131.48 Click to enlarge
S&P 500 4,725.79 +29.23 Click to enlarge


The Canadian dollar traded for 78.03 cents US compared with 77.88 cents US on Wednesday.

Crude oil prices were up 0.89 to $73.65.

The price of gold was up 8.00 to $1,810.20.

In world markets, the Nikkei was up 236.16 points to 28,798.37, the Hang Seng was up 91.31 points to 23,193.64, the FTSE was up 31.68 points to 7,373.34, and the DAX was up 162.84 points to 15,756.31.


Top 10 Bullboards:

Company Ticker Views
Theralase Technologies Inc. V.TLT 6776
Therma Bright Inc V.THRM 2929
PyroGenesis Canada Inc. T.PYR 2707
CGX Energy Inc V.OYL 2480
New Found Gold V.NFG 2349
Bombardier Inc. - Class A T.BBD.A 1731
Datametrex AI Ltd V.DM 1641
Nevada Copper T.NCU 1508
Spectral Medical Inc T.EDT 1419
Baytex Energy Corp T.BTE 1357


Today in the News:

Wallbridge Mining Company Ltd. | Wallbridge Files 43-101 Technical Report for Detour-Fenelon Gold Trend Properties
Prophecy DeFi Incorporated. | Prophecy DeFi Announces Closing of Brokered Private Placement of Convertible Debenture Units
Legible Inc Com | Legible Announces Agreement with Ingram Content Group for its Digital Sales Platform
Giga Metals Corp | Giga Pauses Brazilian Drill Program
Vejii Holdings | Vejii Announces Definitive Purchase Agreement to Acquire VEDGEco USA Inc.
NewRange Gold Corp | Newrange Exercises Option on Western Fold Portion of North Birch Project
Monarch Mining | Monarch First Mining Company to Earn the Concilivi Seal
Nextech AR Solutions Corp | Nextech AR Sees Demand For Its 3D Models Rapidly Growing As It Signs Deals Across A Wide Spectrum of Industries
Azarga Uranium Corp. | enCore Energy and Azarga Uranium Receive Final Court Order Approving Plan of Arrangement and Commence Closing Process
Empower Clinics Inc | Empower Clinics Hires Chief Financial Officer With NASDAQ Healthcare Experience
Mountain Boy Minerals Ltd. | DOK Project Update: Porphyry Copper-Gold Mineralization Confirmed
Nextech AR Solutions Corp | Nextech AR CEO Evan Gappelberg Buys Company Stock in the Open Market and Provides Corporate Update
Orford Mining Corp. | Orford closes $4.4 million financing
Fission 3.0 Corp. | Fission 3.0 Corp. Announces Closing of Brokered Private Placement for Gross Proceeds of $8,587,353
Yorkton Equity Group Inc. | Yorkton Equity Group Inc. Announces Additional Acquisitions in British Columbia


Word on Wallstreet

Wall Street's main indexes rose for a third straight session Thursday, in the wake of early data suggesting the Omicron variant of the coronavirus was less severe than originally feared, lifting the mood ahead of Christmas break.

The S&P 500 is well within striking distance of its intraday record high hit on November 22nd, riding broad-based gains and a boost from travel-related stocks, which tend to be highly sensitive to pandemic-related developments.


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