ANL 12.50 Decreased By ▼ -0.12 (-0.95%)
ASC 14.79 Increased By ▲ 0.14 (0.96%)
ASL 15.28 Decreased By ▼ -0.32 (-2.05%)
AVN 106.20 Increased By ▲ 1.95 (1.87%)
BOP 8.40 Decreased By ▼ -0.02 (-0.24%)
CNERGY 6.18 Decreased By ▼ -0.29 (-4.48%)
FFL 9.07 Decreased By ▼ -0.10 (-1.09%)
FNEL 8.50 Decreased By ▼ -0.45 (-5.03%)
GGGL 13.09 Decreased By ▼ -0.31 (-2.31%)
GGL 20.20 Decreased By ▼ -0.68 (-3.26%)
GTECH 9.35 Decreased By ▼ -0.35 (-3.61%)
HUMNL 6.77 Increased By ▲ 0.17 (2.58%)
KEL 3.10 Decreased By ▼ -0.06 (-1.9%)
KOSM 4.11 Decreased By ▼ -0.23 (-5.3%)
MLCF 33.35 Decreased By ▼ -0.30 (-0.89%)
PACE 4.15 Decreased By ▼ -0.05 (-1.19%)
PIBTL 7.17 Decreased By ▼ -0.07 (-0.97%)
PRL 14.09 Decreased By ▼ -0.25 (-1.74%)
PTC 8.58 Decreased By ▼ -0.10 (-1.15%)
SILK 1.29 Decreased By ▼ -0.05 (-3.73%)
SNGP 33.50 Decreased By ▼ -0.30 (-0.89%)
TELE 17.48 Decreased By ▼ -0.40 (-2.24%)
TPL 12.75 Decreased By ▼ -0.75 (-5.56%)
TPLP 27.60 Decreased By ▼ -0.42 (-1.5%)
TREET 38.87 Decreased By ▼ -0.82 (-2.07%)
TRG 80.75 Decreased By ▼ -2.55 (-3.06%)
UNITY 27.32 Decreased By ▼ -0.53 (-1.9%)
WAVES 14.94 Decreased By ▼ -0.11 (-0.73%)
WTL 2.15 Decreased By ▼ -0.07 (-3.15%)
YOUW 7.90 Decreased By ▼ -0.19 (-2.35%)
BR100 4,585 Decreased By -11.3 (-0.25%)
BR30 17,412 Decreased By -369.7 (-2.08%)
KSE100 44,924 Decreased By -94.4 (-0.21%)
KSE30 17,727 Decreased By -21 (-0.12%)

coronavirus
Coronavirus
VERY HIGH
Source: covid.gov.pk
Pakistan Deaths
29,105
824hr
Pakistan Cases
1,374,800
7,19524hr
Sindh
526,899
Punjab
464,431
Balochistan
33,941
Islamabad
118,292
KPK
185,340
Markets

TSX flat as healthcare gains counter commodity-related weakness

  • Toronto Stock Exchange's S&P/TSX composite index was up 3.3 points, or 0.02%, at 20,590.62
Updated 26 Aug, 2021

Canada's main stock index took a breather on Thursday after hitting record highs in the previous session, as weakness in commodity-related stocks were offset by gains in healthcare stocks.

At 10:05 a.m. ET (14:05 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 3.3 points, or 0.02%, at 20,590.62, with healthcare and industrial stocks among the top gainers, both up 1.8% and 0.4% respectively.

Both energy stocks and miners were among the biggest drags.

Recouping losses from last week, the benchmark index was set to record its seventh straight month of gains driven by heavyweight technology stocks, up 6.7% so far this month.

"The TSX appears poised to set new record highs... it has begun this week with many sectors re-accelerating and earnings coming in better than expected," said Brandon Michael, senior investment analyst at ABC Funds.

Blast outside Kabul airport kills at least 13, including children: Taliban official

Despite strong earnings from Toronto-Dominion Bank and Canadian Imperial Bank of Commerce, the financials sector was flat.

Investors are looking ahead to US Federal Reserve Chair Jerome Powell's speech at the annual Jackson Hole event on Friday for cues on the timeline of monetary tapering.

HIGHLIGHTS

The largest percentage gainers on the TSX lumber provider Canfor Corporation and Interfor Corporation both up 2.8% and 1.6% respectively.

Miner First Majestic Silver Corp fell 1.9%, the most on the TSX, followed by IT service provider Dye & Durham Limited, down 1.8%

The TSX posted six new 52-week highs.

On the TSX, 92 issues were higher, while 127 issues declined for a 1.38-to-1 ratio to the downside, with 6.74 million shares traded.

Comments

Comments are closed.