A rebound in oil prices and growth in metal prices helped push Canada’s main stock index higher on Thursday. As Q1 2024 draws to a close, traders welcomed new data that showed the domestic economy grew faster than expected, and hailed it as a sign that the country’s economy is healthy. Industrials, tech and telecom were the decliners.
U.S. markets were flat though the S&P 500 scored its best Q1 performance in five years and the Dow Jones Industrial Average logged its strongest Q1 performance since 2021.
| TSX | 22,167.03 | +59.95 |  |
| TSXV | 563.39 | +4.65 | |
| CSE | 201.91 | -1.23 |  |
| DJIA | 39,807.37 | +47.29 | |
| NASDAQ | 16,379.46 | -20.06 | |
| S&P 500 | 5,254.35 | +5.86 | |
The Canadian dollar traded for 73.86 cents compared with 73.66 cents U.S. on Wednesday.
U.S. crude futures traded $1.79 higher at $83.14 a barrel, and the Brent contract added $1.37 to $87.46 a barrel.
The price of gold was up US$28.43 to US$2,219.45.
In world markets, the Nikkei was down 594.66 points to 40,168.07, the Hang Seng was up 148.58 points to 16,541.42, the FTSE was up 20.64 points to 7,952.62, and the DAX was up 15.40 points to 18,492.49.
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