TSX Ends Marginally Up
(RTTNews) - The Canadian market ended modestly higher on Friday, led by gains in healthcare, materials, energy and communications shares.
The mood remained a bit cautious after data showing a slightly bigger than expected increase in U.S. producer prices triggered some speculation the Federal Reserve will likely decide to keep interest rates higher for longer duration.
The benchmark S&P/TSX Composite Index, which opened weak and dropped to 20,293.50 at the start, ended with a gain of 64.76 points or 0.32% at 20,407.64. The index gained 0.85% in the week.
Ag Growth International (AFN.TO) soared 12.5%. Quebecor Inc (QBR.A.TO) climbed 5.6%. Russel Metals (RUS.TO) gained 5.2%.
Wheaton Precious Metals (WPM.TO), Canadian Tire Corporation (CTC.TO), WSP Global (WSP.TO), Stantec Inc (STN.TO) and Franco-Nevada Corporation (FNV.TO) advanced 2 to 2.7%. TFI International (TFII.TO) and FirstService Corporation (FSV.TO) also ended notably higher.
Boralex Inc (BLX.TO) drifted down 5.5%. Nuvei Corporation (NVEI.TO) ended 4.2% down, while Magna International (MG.TO), Linamar Corporation (LNR.TO), Shopify Inc (SHOP.TO), Boyd Corporation (BYD.TO) and EQB Inc (EQB.TO) lost 1.7 to 2.8%.
DAX Remains Weak Despite Paring Some Early Losses
Mixed Sentiment In Asian Markets
Euro Falls Against Majors
U.S. Dollar Rises Against Majors
German GfK Consumer Confidence To Fall Further
European Markets Seen Opening Mildly Positive On Wednesday
Australian Dollar Rises On Strong Monthly CPI Data
