Canadian Stocks Increase 1.7% in Morning Trading

Dow Jones
Aug 05

This article was automatically generated by Dow Jones using technology from Automated Insights.

Stocks in Canada climbed during early trading Wednesday, as the S&P/TSX Composite Index rose 1.7% to 36401.69.

Among local companies with a market cap of at least 1 billion Canadian dollars ($712.5 million), Shopify Cl A is the biggest leader this morning, surging 18%, and China Gold Intl Rscs jumped 11%. Hemlo Mining rounds out the top three movers, as shares surged 9.3%.

RB Global is the biggest early laggard, tumbling 14%, followed by shares of Bausch Health, which dropped 4.1%. Shares of Boyd Group Services declined 3.1%.

On the currency front, the WSJ Dollar Index declined 0.2% to 95.95. The Canadian dollar strengthened 0.2% against the U.S. dollar to US$0.71.

In the bond markets, the 10-year Canadian government bond yield increased 1.87 basis points to 3.564%.

Data source: Dow Jones Market Data, FactSet

 

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10