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@ the Bell: TSX up on energy & financial gains

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26 January 2023 16:17 (EDT)
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Canada’s main stock index was up by close in Thursday trading, thanks to gains led by the heavyweight energy and financial sectors, with an assist from tech. The industrial and utilities sectors led the decliners, followed mining and telecom.


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Much like activity on Bay Street, it was an up-and-down day on Wall Street as well, with markets landing in the green by market close. Reports suggest the economy and corporate profits may be doing better than feared, which could bode well for the Federal Reserve’s interest rate hike plans.

Today in the Markets

TSX 20,700.50 +100.90
TSXV 621.14 -1.48
CSE 187.53 -3.03
DJIA 34,017.00 +192.00
NASDAQ 12,091.00 +218.25
S&P 500 4,073.25 +41.50

The Canadian dollar traded for 75.02 cents US, compared to 74.70 cents US on Wednesday.

US crude futures traded $0.93 higher at $81.08 a barrel, while the Brent contract gained $1.36 to $87.48 a barrel.

The price of gold was down US$18.89 to US$1,929.43.

In world markets, the Nikkei was down 32.26 points to 27,362.75, the Hang Seng was up 522.13 points to 22,566.78, the FTSE was up 16.24 points to 7,761.11, and the DAX was up 51.21 points to 15,132.85.


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