PriceSensitive

@ the Bell: TSX sees best performance in months

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

Aided by gains in mining and technology shares and upbeat mood in global equities, Canada’s main stock index’s close in positive territory on Friday, giving the TSX its best weekly performance in more than two months. The utilities and health care sectors ended lower.

Boosted by upbeat earnings, U.S. stocks rallied on strength in consumer spending and signs that inflation was peaking, easing worries about a sharp slowdown in economic growth.

 
TSX 20,748.58 +216.40
 
TSXV 724.19 +9.53
 
CSE 322.06 -2.28
 
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 78.58 cents US compared to 78.25 cents US on Thursday.

Crude oil prices were up 1.05 to $115.10.

The price of gold was up 0.61 to $1,853.52.

In world markets, the Nikkei was up 176.84 points to 26,781.68 the Hang Seng was up 581.16 points to 20,697.36 the FTSE was up 20.54 points to 7,585.46, and the DAX was up 230.90 points to 14,462.19.

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