August 1, 2021

With their American cousins enjoying a day off, markets in Canada added to their gains Monday, with Brookfield Business Partners proving to stand out the most.

The TSX Composite index gathered 59.55 points to close Monday at 20,286.10

The Canadian dollar dropped 0.07 cents to 81.06 cents U.S.

Though industrial stocks suffered, Brookfield Business Partners jumped $2.33, or 4.1%, to $59.22, among the biggest gainers of the day.

Energy stocks proved the strongest sector on Monday, with Whitecap Resources climbing 22 cents, or 3.5%, to $6.53, while Suncor Energy jumping 77 cents, or 2.6%, to $42.78.

Tech stocks also soared, primarily Tecsys, better by $1.04, or 2.5%, to $42.78, while Lightspeed POS hiked $1.68, or 1.6%, to $108.67.

In health-care issues, Tilray gathered 21 cents, or 1%, to $21.44, while Aurora Cannabis moved ahead 10 cents to $10.71.

Consumer stocks did not fare so well, though, with Alimentation Couche-Tard down 48 cents, or 1%, to $$46.34, while Premium Brands dropped $1.10 to $124.80.

Aritzia slouched $1.06, or 2.8%, to $36.41, while Sleep Country Canada doffed 24 cents to $29.57.

Oil prices regained $1.20 to $76.36 U.S. a barrel.

Gold prices picked up $8.40 to $1,791.70 U.S. a pound

ON BAYSTREET

The TSX Venture Exchange fell 3.98 points to 964.41

Eight of the 12 TSX subgroups gained ground by the end of Monday, with energy roaring ahead 2.2%, while information technology and health-care each claimed 0.4%.

The four laggards were weighed most by consumer staples, down 0.5%, while consumer discretionary stocks were off 0.3%, and industrials faded 0.2%.

ON WALLSTREET

American markets were closed for the Fourth of July holiday.

Source link