Page d'accueil Cotations Calendrier Forum
flag

FX.co ★ Canadian Market Modestly Higher, Set For Another Positive Close

back back next
typeContent_19130:::2025-01-21T20:01:00

Canadian Market Modestly Higher, Set For Another Positive Close

Canadian stocks are exhibiting a mixed trend on Tuesday as investors digest the latest inflation figures and evaluate the potential effects of policies introduced by Donald Trump, who commenced his term as the United States President on Monday. In his initial actions, Trump signed numerous executive orders and expressed intentions to impose tariffs on imports from several nations.

The healthcare and energy sectors are experiencing some weakness, while the technology sector is witnessing strong support. Additionally, select stocks within the consumer discretionary, industrial, and financial sectors are trading positively.

The S&P/TSX Composite Index is currently up by 93.71 points or 0.37%, sitting at 25,26.29 as the market approaches the closing bell.

According to data released by Statistics Canada, the annual inflation rate in the country has eased to 1.8% in December, down from 1.9% in the preceding month. The consumer price index saw a month-over-month decline of 0.4% in December, following a stagnant result in November.

Furthermore, the data indicates that core inflation in Canada elevated to a six-month peak of 1.8% in December, up from 1.6% in the previous month. On a month-to-month basis, core consumer prices decreased by 0.3% in December, after a 0.1% drop in November.

E-L-Financial Corporation (ELF.TO) is soaring with a gain of 11.3%, while Telesat Corporation (TSAT.TO) is up by 9%. Canadian Tire Corporation (CTC.TO), Torex Gold Resources (TXG.TO), ATS Corporation (ATS.TO), and Celestica Inc (CLS.TO) are experiencing gains ranging from 3% to 5%.

Calian Group (CGY.TO), goeasy (GSY.TO), Agnico Eagle Mines (AEM.TO), Cameco Corporation (CCO.TO), Imperial Oil (IMO.TO), and Onex Corporation (ONEX.TO) are showing gains between 2% and 3%.

Conversely, Hut 8 Corp (HUT.TO), Bombardier Inc (BBD.B.TO), MEG Energy (MEG.TO), First Quantum Minerals (FM.TO), Cargojet (CJT.TO), Dayforce (DAY.TO), Boralex (BLX.TO), Canadian Natural Resources (CNQ.TO), and Cenovus Energy (CVE.TO) are experiencing declines between 2% and 5.3%.

Partagez cet article:
back back next
loader...
all-was_read__icon
Vous avez regardé toutes les meilleures publications
jusqu'à présent.
Nous cherchons déjà quelque chose d'intéressant pour vous...
all-was_read__star
Recently published:
loader...
Plus de nouvelles publications...