Canada’s main stock index closed lower on Thursday led by declines in commodity stocks. For the second session in a row, the energy and health care sectors were the two gainers. Meanwhile, the CSE blasted off leaving other markets behind, as big companies showed buying interest, offering a positive impact on other stocks in the exchange.

US indices were on the lower side of flat as investors weighed the toll taken by higher energy prices, weakening jobless claims, and the U.S. Federal Reserve looking to push further interest rate hikes. Employment data due this week should offer insight into the Fed’s future actions.

Today in the Markets

TSX 18,979.01 -256.08 TSX
TSXV 621.88 -0.74 TSXV
CSE 289.22 +49.13 TSXV
DJIA 30,068.81 -105.07 DJIA
NASDAQ 12,338.95 -243.82 NASDAQ
S&P 500 3,672.82 -29.43 S&P 500

The Canadian dollar traded for 72.74 cents US compared to 73.37 cents US on Wednesday.

US crude futures traded 1.42 per cent higher at $89.01 a barrel, while the Brent contract gained 1.68 per cent to $94.94 a barrel.

The price of gold was down US4.77 to US$1,713.81.

In world markets, the Nikkei was up 190.77 points to 27,311.30, the Hang Seng was down 75.82 points to 18,012.15, the FTSE was down 55.35 points to 6,997.27, and the DAX was down 46.40 points to 12,470.78.


Get @ the Bell delivered to your email inbox every day!

Sign Up Here





DISCLAIMER: By viewing any material on or distributed by The Market Herald 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 Market Herald 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 The Market Herald or employees of The Market Herald may from time to time have positions in the stocks or other entities mentioned anywhere on The Market Herald 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. The Market Herald 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 The Market Herald and other Information Providers on an “as is” basis, and The Market Herald 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 The Market Herald 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.


More From The Market Online

@ the Bell: Stocks level-out ahead of Easter long weekend

A rebound in oil prices and growth in metal prices helped push Canada’s main stock index higher as investors await economic data.
Bitcoin and cryptocurrency investing concept

U.S. spot Bitcoin ETFs are live – what happens to Canada’s crypto ETFs?

Three since the first spot Bitcoin ETF was introduced in Canada, these funds are finding formidable competition from U.S. counterparts.

@ the Bell: Markets advance on mining and financial support

Canada's main stock index inched higher on Wednesday, tracking an uptick in precious metals prices, though a drop in oil prices capped gains.
The Market Online Video

Prospera Energy plots success with proven reserves, M&A plans

Prospera Energy (TSXV:PEI) CEO Samuel David discusses the company's latest news and the forecast for 2024 in an exclusive interview.