Canadian stocks did not rocket, but they ended positive for a seventh consecutive session on Monday, lifted by health-care and consumer stocks.

The TSX was in the green 30.23 points to conclude Monday at 20,390.33.

The Canadian dollar faded 0.07 cents at 74.56 cents U.S.

Among health-care issues, Tilray acquired a dime, or 2.4%, to $4.32, while Canopy Growth grabbed 12 cents, or 3.4%, to $3.61.

In tech stocks, HUT 8 Mining jumped 39 cents or 18.4%, to $2.51, while Absolute Software took on $1.38, or 9.3%, to $16.28.

Consumer staples also had a winning day, with Empire Company sprouting 86 cents, or 2.4%, to $36.65, while Loblaw Companies added $2.37, or 2.1%, to $118.19.

Materials were pointed downward, however, as First Quantum Minerals shed $1.92, or 6.2%, to $29.31, while Lundin Mining lost 30 cents, or 3.2%, to $8.95.

Gold also declined, with B2Gold dumping 13 cents, or 2.3%, to $5.48, while Sandstorm Gold removed 16 cents, or 2%, to $7.72.

Oil prices fell $1.01 to $78.85, while gold prices lost $3.40 to $1,918.30.

On the economic calendar, manufacturing sales in Canada were unchanged in November with higher sales in the motor vehicle and fabricated metal industries offset by lower sales in the chemical and petroleum and coal product industries, while the Canadian Real Estate Association reported national home sales rose 1.3% month-over-month in December. CREA also reported actual (not seasonally adjusted) monthly activity came in 39.1% below December 2021.


The TSX Venture Exchange gained 5.64 points to close Monday at 620.75.

All but two of the 12 subgroups were positive on the day, with health-care up 1.7%, consumer staples climbing 1%, and information technology clicking higher 0.8%.

The two laggards were materials, sagging 0.7%, and gold, off 0.2%.


Markets are shuttered in the States Monday for Martin Luther King Day.

Markets Observe King Day

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