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TSX Pulls More Positives out of the Hat

Equities in Canada’s largest market enjoyed solid, if unspectacular, gains Monday, powered mostly by strength in the tech field.

The TSX Composite regained 57.27 points by the close to 20,985.37.

The Canadian dollar dipped 0.43 cents to 80.78 cents U.S.

Techs pointed the way among gaining subgroups, with Constellation Software popping $57.21, or 2.6%, to $2,222.38, while Shopify jumping $43.27, or 2.5%, to $1,806.64.

In the industrial sector, WSP Global picked up $3.09, or 1.9%, to $166.34, while Russel Metals were in the plus column 53 cents, or 1.6%, to $33.53.

In consumer staples, Premium Brands Holdings triumphed $1.58, or 1.2%, to $133.02, while Loblaw Companies were better by 95 cents, or 1%, to $93.11.

Energy did not pull its weight, though, as Birchcliff Energy fainted 22 cents, or 3.2%, to $6.68, and Tourmaline Oil staggered $1.24, or 2.8%, to $42.92.

In the health-care sector, Organigram Holdings thundered lower six … Read more

Arch at a 52-Week High on News

Arch Biopartners Inc. (V.ARCH) hit a new 52-week high of $2.40 on Friday. At the request of the Investment Industry Regulatory Organization of Canada (IIROC), Arch Biopartners confirm that the Company’s management is unaware of any undisclosed material change in the Company’s operations that would account for the recent increase in market activity.

Advantage Energy Ltd. (T.AAV) hit a new 52-week high $6.49 on Friday. No news stories available today.

AgJunction Inc. (T.AJX) hit a new 52-week high of 75 cents on Friday. No news stories available today.

Athabasca Oil Corporation (T.ATH) hit a new 52-week high of $1.04 on Friday. No news stories available today.

Brookfield Asset Management Inc. (T.BAM.A) hit a new 52-week high of $72.65 on Friday. No news stories available today.

Bonterra Energy Corp. (T.BNE) hit a new 52-week high of $7.01 on Friday. No news stories available today.

Baytex Energy Corp. (T.BTE) hit a new … Read more