Uncategorized
Less than 1 min.read

CLOSING BELL: Heavyweight energy, financial sectors give TSX a lift

Patrick Grapes
By Patrick Grapes

Bay Street got a boost today as the financial and energy sectors got a lift.

Combined those two sectors make up more than half of the TSX’s weight. Enbridge shares are up more than a point on the back of an announced $4 billion deal to sell its natural gas facilities in Alberta and B.C. and oil prices are continuing to rally. The TSX closed the day at 16,304, up 41 points.

Meanwhile, trade worries put a damper on tech stocks, which weighed down European shares, and things were quiet on Wall Street thanks to the July 4th holiday. At press time oil is up 19 cents to $74.33 U.S. per barrel, gold is up $4.60 to $1,258.10 an ounce, and the loonie is down a shade to 76.05 cents U.S.

Patrick Grapes
Patrick Grapes

Continue Reading

You may also like



cjcd Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Advocates say On the Land and community programs can help end Elder abuse

Northwest Territories
Elders who are experiencing abuse often feel shame that can manifest among other barriers to accessing help. Community advocates from the Inuvialuit Regional Corporation and the N.W.T. say while more informal community supports may available, it can be difficult for older adults in abusive situations to access those supports without dedicated programs that allow for some level of protection and intervention.

Scientists say anticipated rainfall in South Nahanni could mean flood risks

Northwest Territories
Scientists with the territorial government say a rainstorm is expected over the South Nahanni River basin that could bring up to 50 millimetres of rainfall in some areas of the Mackenzie Mountains.

White-nose syndrome identified in NWT bats

Northwest Territories
The Government of the Northwest Territories says they have confirmed the first case of white-nose syndrome, a fungal disease which affects bats, in the Fort Smith area.

Boil water advisory lifted for Hay River, Kátł’odeeche, Enterprise and Kakisa

Northwest Territories
The Chief Environmental Health Officer has lifted the precautionary boil water advisory for Hay River, Kátł’odeeche, Enterprise and Kakisa. According to the announcement issued today by Chief Environmental Health Officer Chirag Rohit, regular use of drinking water can resume after testing showed turbidity levels are within national drinking water standards.

GNWT invests $140 million into highway repairs this summer

Northwest Territories
The Government of the Northwest Territories has announced they will be investing $140 million into highway infrastructure improvements across the territory this summer.