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@ the Bell: TSX rides a rollercoaster

Jonathon Brown Jonathon Brown, The Market Online
0 Comments| February 6, 2024

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It was a bumpy treading day for Canada’s main stock index on Tuesday, as healthcare and energy gains outweighed losses among tech shares. Traders now wait for more clues on the global monetary policy path as Germany’s DAX Index hit an all-time high thanks to retail, healthcare and industrials gains. The best performer on the DAX was Qiagen, up nearly 5 per cent to C$60.65 at the close.

This is around the halfway point of the latest earnings season and U.S. markets were split, though little changed. Major companies set to report this week include CVS Health, The Walt Disney Co. and Pepsi.

TSX 21,957.74 +85.85 Click to enlarge
TSXV 548.16 -0.04 Click to enlarge
CSE 207.66 +5.70 Click to enlarge
DJIA 38,521.36 +141.24 Click to enlarge
NASDAQ 15,609.00 +11.32 Click to enlarge
S&P 500 4,947.60 +4.79 Click to enlarge

The Canadian dollar traded for 74.14 cents compared to 73.85 cents U.S. on Monday.

U.S. crude futures traded $0.69 higher at $73.47 a barrel, and the Brent contract added $0.68 to $78.67 a barrel.

The price of gold was up US$10.65 to US$2,035.88.

In world markets, the Nikkei was down 193.50 points to 36,160.66, the Hang Seng was up 626.86 points to 16,136.87, the FTSE was up 74.36 points to 7,687.22, and the DAX was up 138.13 points to 17,042.19.


The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.




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