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Stockhouse @ the Bell: TSX Increases on Optimistic Global Market Tone; Boost in Energy Stocks

Stockhouse Editorial
3 Comments| January 17, 2022

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Canada’s main stock index rose on Monday, echoing upbeat global market sentiment and aided by gains in energy sector stocks, although trading volumes remained low as U.S. markets were closed in observance of Martin Luther King Jr. Day 2022.

Leading gains was the energy sector which climbed about 0.6%. Oil prices were steady in the wake of investor bets that global supply will remain tight amid restraint by major producers.

Today in the Markets

TSX 21,537.45 +179.89 Click to enlarge
TSXV 909.71 +6.72 Click to enlarge
CSE 512.74 -2.25 Click to enlarge
DJIA 35,911.81 -201.81 Click to enlarge
NASDAQ 14,893.75 +86.94 Click to enlarge
S&P 500 4,662.85 +3.82 Click to enlarge

The Canadian dollar traded for 79.86 cents U.S. today, compared with U.S. on 79.58 cents Friday.

Crude oil prices were up 0.49 to $83.79.

The price of gold was up 2.30 to $1,818.80.

In world markets, the Nikkei was up 209.24 points to 28,333.52, the Hang Seng was down 165.29 points to 24,218.03, the FTSE was up 68.28 points to 7,611.23, and the DAX was up 50.48 points to 15,933.72.

Top 10 Bullboards

Company Ticker Views
Theralase Technologies Inc. V.TLT 32789
Datametrex AI Ltd V.DM 5771
CGX Energy Inc V.OYL 4083
Surge Energy Inc. T.SGY 3138
Baytex Energy Corp T.BTE 2691
Cielo Waste Solutions Corp. V.CMC 2314
PyroGenesis Canada Inc. T.PYR 2274
Bombardier Inc. - Class A T.BBD.A 2259
HEXO Corp. T.HEXO 2045
Critical Elements Lithium Corporation V.CRE 1709

Today in the News

Marvel Discovery Corp | Marvel's SPINCO Power-One Resources, NI-PGE-REE's-Uranium Project, Moves Forward Finalizes Financing and Listing Process
Sirios Resources Inc | Sirios Kicks Off 2022 Focused on its Cheechoo Gold Project, Signing a Strategic Agreement of $1.5M
Cloud DX | Cloud DX: Digital and Virtual Healthcare, CEO Clip Video
Gold Bull Resources Corp. | Gold Bull commences 4000m drill program at Sandman
Durango Resources Inc | Durango Discovers 14.367 g/t Gold at Surface on Discovery Property, QC
Angold Resources | Angold Provides 2021 Recap at Lajitas, Dorado, Chile
Pathfinder Ventures | Pathfinder Ventures Announces IR and Corporate Communications
Revive Therapeutics Ltd. | Revive Therapeutics Provides Update of Psilocybin Pharmaceutical Programs
PharmaTher Inc. | Revive Therapeutics Provides Update of Psilocybin Pharmaceutical Programs
Stratabound Minerals Corp. | Stratabound Minerals Announces Key Management Changes and New Technical Advisory Council
Cloud DX | Cloud DX Announces Voluntary Extension of Lock-up Agreements with Company Insiders
Decibel Cannabis Company Inc | Decibel Announces Another Month of Record Market Share in December
Westhaven Gold Corp. | Westhaven Drills 4.40 Metres of 5.85 g/t Gold and 18.41 g/t Silver Within 27.00 Metres of 1.74 g/t Gold and 5.88 g/t Silver at FMN Zone; Resumes Drilling at Shovelnose Gold Property
PowerTap Hydrogen Capital Corp. | REPEAT -- PowerTap Subsidiary AES-100 Inc. Accelerates Development and Commercialization of Green Hydrogen Technology with Appointment of Channce Fuller as President & Chief Executive Officer
CoinSmart Financial Inc. | CoinSmart Achieves Record Monthly Revenue of $2.15 Million in December
CULT Food Science Corp. | CULT Food Science Portfolio Company MeliBio Provides Operational Updates and Guidance on New Up-Round Capital Raise
Baselode Energy Corp. | Baselode Starts Winter Drilling Preparations
PowerTap Hydrogen Capital Corp. | PowerTap Subsidiary AES-100 Inc. Accelerates Development and Commercialization of Green Hydrogen Technology with Appointment of Channce Fuller as President & Chief Executive Officer

Word on Wall Street

Wall Street’s main markets were closed today. Neither the U.S. stock markets nor the bond markets were open for trading on Martin Luther King Jr. Day.

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