Stocks Stay in Green on Christmas Eve

Stocks in Toronto came off the peaks they’d enjoyed early on Friday, but stayed afloat due to the strength of pot and industrial stocks, albeit in an abbreviated session.

The S&P/TSX Composite held on for a gain of 10.75 points close Christmas Eve at 21,229.68. In the last week, the index gained 491 points, or 2.37%.

The Canadian dollar added 0.41 cents at 78.01 cents U.S.

Trading was limited to a half-day on Friday, Christmas Eve, the closing bell sounding around 1 p.m. EST.

The healthcare sector was boosted by gains in pot producers, Aurora Cannabis grabbed 21 cents, or 2.7%, to $8.05, Cronos Group acquired 11 cents, or 2%, to get ready for Santa at $5.58.

In the resource sector, Capstone Mining climbed 24 cents, or 4.5%, to $5.59, while Ivanhoe Mines triumphed 25 cents, or 2.5%, to $10.13.

In industrial stocks, TFI International jumped $1.91, or 1.4%, to … Read more

TSX Finishes Thursday Strong

Equities in Toronto again revealed exciting gains on Thursday, as more data emerged suggesting the omicron variant of the coronavirus is less severe than feared, while gains in industrial shares further lifted the sentiment.

The S&P/TSX Composite leaped 148.88 points to end Thursday at 21,218.93.

The Canadian dollar added 0.28 cents at 78.09 cents U.S.

Trading will be limited to a half-day on Friday, Christmas Eve, the closing bell sounding around 1 p.m. EST.

Tech issues were the big winners, with HUT 8 Mining skyrocketing 77 cents, or 7.4%, to $11.19, and Tecsys Inc. triumphing $1.82, or 3.8%, to $50.04.

In pot stocks, Aurora Cannabis gathered 23 cents, or 3%, to $7.85, while Canopy Growth, well, grew 30 cents, or 2.5%, to $12.33.

In consumer stocks, Martinrea International jumped 46 cents, or 4.2%, to $11.34, while BRP Inc. leaped $3.03, or 2.9%, to $109.02.

Energy stocks missed the festivities, as … Read more