August 26, 2024

Canada Stocks Close Higher, Led by Gains in REITs, Real Estate, and IT Sectors ๐Ÿ“ˆ

Canadian stocks were higher at the close on Wednesday, driven by gains in the REITs, Real Estate, and IT sectors. The S&P/TSX Composite Index added 0.37%, reaching a new all-time high.

Top Performers:

  • Calibre Mining Corp (TSX:CXB): Rose 7.66%, or 0.17 points, to close at 2.39, marking a three-year high.
  • Northwest Healthcare Properties REIT (TSX:NWH_u): Gained 6.49%, or 0.31 points, ending at 5.09.
  • Equinox Gold Corp (TSX:EQX): Increased by 4.92%, or 0.38 points, to finish at 8.11.

Worst Performers:

  • Canada Goose Holdings Inc (TSX:GOOS): Fell 3.21%, or 0.52 points, closing at 15.69.
  • Boralex Inc (TSX:BLX): Dropped 1.89%, or 0.63 points, to end at 32.66.
  • Northland Power Inc (TSX:NPI): Declined 1.75%, or 0.39 points, closing at 21.91.

Rising stocks outnumbered declining ones on the Toronto Stock Exchange by 614 to 317, with 105 ending unchanged.

Commodities & Currency:

  • Gold Futures for December delivery were down 0.05% to $2,549.40 per troy ounce.
  • Crude oil for October delivery fell 1.67% to $71.95 per barrel, while Brent oil for October fell 1.41% to $76.11 per barrel.
  • CAD/USD was unchanged at 0.74, while CAD/EUR remained flat at 0.66.
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