PriceSensitive

@ the Bell: TSX blasts off during US holiday

Economy, Sponsored
30 May 2022 16:19 (EDT)

Source: Pavel Ignatov.

Canada’s main stock index took a steady rise on Monday and didn’t look back when the markets closed.

Gains in oil prices drove energy shares higher. The financial and tech sectors also moved higher, while mining and utilities closed lower.

Trading volumes were reduced in US markets, which were closed for the Memorial Day holiday.

 
TSX 20,919.40 +170.82
 
TSXV 737.83 +13.64
 
CSE 323.86 +1.80
 
DJIA 33,212.96 +575.77
 
NASDAQ 12,131.13 +390.48
 
S&P 500 4,158.24 +100.40
 

The Canadian dollar traded for 78.97 cents US compared to 78.58 cents US on Friday.

Crude oil prices were up 2.10 to $117.20.

The price of gold was up 6.73 to $1,856.50.

In world markets, the Nikkei was up 587.75 points to 27,369.43 the Hang Seng was up 426.57 points to 21,123.93 the FTSE was up 14.60 points to 7,600.06, and the DAX was up 113.79 points to 14,575.98.

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