Canada’s main stock index moved higher as bullion prices slipped on Thursday in a mild trade ahead of a public holiday, as investors digest a batch of economic data. The Canadian dollar consolidated earlier gains following the Bank of Canada’s monetary policy meeting when it raised the overnight rate by 0.50% to 1.0%. Financials, industrials, and energy moved higher.
As traders weighed a larger-than-expected build in US oil stocks against tightening global supply, market participants braced for quarterly earnings from several the US’ biggest banks. Twitter stock has been on a roll after Tesla chief executive Elon Musk disclosed a buyout bid for the social media giant at an 18% premium.
Today in the Markets
The Canadian dollar traded for 79.42 cents US compared to 79.03 cents US on Wednesday.
Crude oil prices were up 1.64 to $105.90.
The price of gold was down 4.68 to $ 1,972.52.
In world markets, the Nikkei was up 328.51 points to 27,172.00, the Hang Seng was up 143.71 points to 21,518.08, the FTSE was up 32.31 points to 7,613.11 and the DAX was up 92.71 points to 14,169.14.
Top 10 Bullboards:
Today in the News:
| Personas Social Incorporated | Personas Social Incorporated: Corporate Update |
| Perk Labs Inc | Perk Labs Provides Corporate Update |
| Angold Resources | Angold Announces Closing of $805,894 Private Placement |
| Nextech AR Solutions Corp | Nextech AR Launches Ground-Breaking Integrated SaaS Platform "Nextech Metaverse Suite" |
| Eat Well Investment Group Inc. | Eat Well Group Announces Sapientia Products Awarded Finalist Status in 29th Annual Canadian Grand Prix New Product Awards |
| Mandalay Resources Corp | Mandalay Resources Corporation Announces Production and Sales Results for the First Quarter of 2022 |
| Visionstate Corp. | Visionstate's IOT Software Solution for Facilities Goes Global; Adoption Accelerating due to COVID-19 Sixth Wave |
| Stratabound Minerals Corp. | Stratabound Doubles Land Position in Emerging New Maritime Gold District |
| Looking Glass Labs Ltd. | Looking Glass Labs Appoints Tom Sweeney to Strategic Advisory Board |
| Billy Goat Brands Ltd. | Billy Goat Brands Announces Marketing Campaign Featuring Influential People and Organizations |
| Delta 9 Cannabis Inc. | Delta 9 Enters into Agreement with Manitoba to Become Cannabis Distributor |
| Else Nutrition Holdings Inc. | Else Nutrition Signs a New Agreement to Expand Its Products with Rouses Markets in 65 New Locations in the Southern US |
| Good natured Products Inc | good natured Products Inc. Announces Termination of Market Making Agreement |
| Marvel Discovery Corp | Marvel Initiates Airborne Survey, KLR Uranium Property Adjacent to Cameco & Fission, Athabasca Basin |
| Clean Air Metals Inc | Clean Air Metals and First Nation Partners Advance their Relationship with an Exploration Agreement at the Thunder Bay North Project |
| Just Kitchen Hldgs | JustKitchen Opens Exclusive Location in Taoyuan Environmental Science and Technology Park via its JKOS Ordering System |
| Desert Mountain Energy Corp | DESERT MOUNTAIN ENERGY MAKES STRATEGIC MOVE TO ADDRESS RIG MOVING INFLATION & AVAILABILITY ISSUES |
| Noram Lithium Corp Com | Noram Receives Results for CVZ-70: High of 1930 ppm Intersection of 443 ft (135.0 m) Averaging 968 ppm Lithium |
| Tocvan Ventures Corp. | Tocvan Drills 116.9-meters of 1.2 g/t Au and 7 g/t Ag, including 10.2-meters of 12 g/t Au and 23 g/t Ag at Pilar. |
| CIBT Education Group Inc. | CIBT Reports Financial Results for Second Quarter of Fiscal 2022 |
| Noble Mineral Exploration Inc. | Noble Undertakes Shares for Debt Settlement |
| Eat Well Investment Group Inc. | Eat Well Investment Group Inc. Provides Management Cease Trade Order Update per National Policy 12-203 |
| SQI Diagnostics Inc. | SQI DIAGNOSTICS EXTENDS MATURITY DATE OF PIVOT CREDIT FACILITY |
| Neptune Wellness Solutions Inc. | Neptune CEO, Michael Cammarata to Participate in Exclusive 'Transforming Brands for the Next Generation of Consumers' Interview at the Benzinga Cannabis Capital Conference on April 21, 2022 |
| Legible Inc. | Legible Announces Corporate Update |
Get @ the Bell delivered to your email inbox every day!
Sign Up Here
DISCLAIMER: By viewing any material on or distributed by Stockhouse Publishing Ltd. and its Information Providers you agree to both the following disclaimer, and the full disclaimer that can be viewed here.
Any holdings, theories, speculation or trades appearing anywhere on the Stockhouse network of websites should not be relied upon for purposes of transacting securities or other investments, nor should they be construed as an offer or solicitation of an offer to sell or buy any security. This applies to any material regardless of source, placement, presentation or reproduction. Any Information Providers to Stockhouse or employees of Stockhouse may from time to time have positions in the stocks or other entities mentioned anywhere on the Stockhouse Network of websites. You bear responsibility for your own investment research and decisions and should seek the advice of a qualified securities professional before making any investment. Stockhouse and its contributors makes no guarantee as to the validity of any information, speculation, theories or research presented herein whether pertaining to the past, present or future. The Service and The Materials are provided by Stockhouse and other Information Providers on an "as is" basis, and Stockhouse and other Information Providers expressly disclaim any and all warranties, express or implied, including, without limitation, warranties of satisfactory quality and fitness for a particular purpose, with respect to the service or any materials and products. In no event shall Stockhouse and other Information Providers be liable for any direct, indirect, incidental, punitive, or consequential damages of any kind whatsoever with respect to The Service, The Materials, and The Products.