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

Water samples from two more NWT schools confirm elevated lead

Northwest Territories
A Monday message from the GNWT said water testing at more schools, this time in Acho Dene Koe and Sachs Harbour, “confirmed” lead levels above Canadian drinking water guidelines. Officials say testing at three other schools in Ndılǫ, Nahanni Butte and Tuktoyaktuk showed lead levels considered acceptable according to the guidelines. According to the latest reports,

Barren-land caribou face “unprecedented” threats in N.W.T.

Northwest Territories
NWT Species at Risk says the threats faced by barren-ground caribou are “unprecedented.” Their first ever progress report on the barren-ground caribou was released Thursday. The five year review includes eight distinct caribou herds from those in stark decline, like the Bathurst and those that appear to be increasing, like the Beverly herd. Some barren ground caribou herds listed in the report are more at risk than others, each having separate management plans.

Housing NWT completes construction on new duplex in Paulatuk

Northwest Territories
Housing NWT has completed construction on a new three-bedroom duplex in Paulatuk, adding two new social housing to the community, helping to replace homes which are reaching the end of their service life.  

‘Aprons in Action’ is Diabetes Canada’s new cooking challenge fundraiser

National
Diabetes Canada has launched a fundraising challenge, where your training ground is the kitchen — it’s a cooking challenge, not a 10K. With Aprons in Action, participants build confidence, cook healthy meals, raise funds, and compete for a chance to cook live with celebrity chefs on World Diabetes Day Nov. 14 in Toronto.

Genuine Mackenzie Valley Fur Program payment increases come into effect

Northwest Territories
Changes to the Genuine Mackenzie Valley Fur Program announced earlier this year by the Government of the Northwest Territories have now come into effect.