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TSX Opens Higher
(CORRECTS OIL AND GOLD PRICES)
Canada's main stock index opened marginally higher on Wednesday, boosted by materials stocks tracking higher metal prices, while investors awaited more cues on the interest rate cut trajectory in the United States and Canada.
The TSX Composite Index acquired only 4.82 points to begin the mid-week session at 21,616.12.
The Canadian dollar edged up 0.05 cents to 72.96 cents U.S.
On the TSX, energy stocks proved the master, with Secure Energy Services gaining 15 cents, or 1.3%, to $11.79.
Communications also carved out small gains, with Rogers picking up 30 cents to $51.90.
Health-care leaned the other way, with Bausch Health Companies ducking 20 cents, or 2.3%, to $8.67.
Oil prices gained three cents to $81.60 U.S. a barrel.
Gold prices sank $5.50 to $2,341.40 U.S. an ounce.
ON BAYSTREET
The TSX Venture Exchange took on 0.14 points to 575.77.
Seven of the 12 subgroups lost ground, with health-care fading 0.6%, while gold and real-estate each declined 0.2%.
The five gainers were led by energy, up 0.4%, communications and utilities each better by 0.1%.
ON WALLSTREET
Markets south of the border are shuttered Wednesday for the “Juneteenth” holiday. They will re-open Thursday.
Markets Shuttered for Holiday
