Skip to main content

Chartwell Retirement Residences(CSH-UN-T)
TSX

Today's Change
Real-Time Last Update

Stocks Have Spotlight all to Themselves, Clear Breakeven

Baystreet - Tue Jul 4, 2023
Canada's main stock index was higher by noon EDT on Tuesday, with energy and materials stocks leading gains tracking higher oil and metal prices as traders returned after a long weekend.

The TSX acquired 41.75 points to pause for lunch hour at 20,197.04.

The Canadian dollar grabbed 0.2 cents to 75.68 cents U.S.

Health-care stocks were still the strongest of gainers, with Tilray Inc. surging 18 cents, or 8.8%, to $2.23, while Chartwell Retirement Residences gained six cents to $9.53.

In energy stocks, International Petroleum shares acquired 25 cents each, or 2.3%, to $11.10, while Nuvista Energy advanced 26 cents, or 2.4%, to $10.88.

In real-estate, Northwest Healthcare REIT units picked up 19 cents, or 3%, to $6.47, while Tricon Capital jumped 36 cents, or 3.1%, to $12.04.

Oil prices hiked $1.44 to $71.23 U.S. a barrel.

Gold prices added $5.60 to $1,935.10 U.S. an ounce.

ON BAYSTREET

The TSX Venture Exchange gathered 5.96 points, or 1%, to 627.29.

All but two of the 12 TSX subgroups gained ground, with health-care vaulting 2%, energy rumbling 0.9%, and real-estate, ahead 0.8%.

The two laggards were information technology, down 0.04%, while industrials suffered 0.03%.

ON WALLSTREET

U.S. markets were shuttered for the Fourth of July. They’ll resume business Wednesday.

Happy Birthday, Uncle Sam

Provided Content: Content provided by Baystreet. The Globe and Mail was not involved, and material was not reviewed prior to publication.

More from The Globe