TSXS ‘weekly winning streak ends as investors consolidate recent profits

* TSX ends with 0.1% at 25,879.95 * For the week, the index loses 0.4% * Material group Group by 1.3%, as Gold Climbs * Technology drops 1.4% (closing market updates) by Fergal Smith May 23 (Reuters) – Canada’s main index has refurbished, but it has been recycled. Move in long-term loan costs. The Toronto Stock Exchange’s S&P/TSX compound index finished 25.94 points, or 0.1%, at 25,879.95, with the record it closed on Tuesday. For the week, the index was 0.4%lower, the first drop after six annual profits. “We had such a powerful refusal from the lows in April, the market was probably due to some consolidation,” said Greg Taylor, investment officer at PenderFund Capital Management. “The big thing to look at is still connections … it will keep the market from really hitting new highlights.” The US Treasury returns have climbed over the past few weeks about concerns about a deteriorating fiscal prospect for the United States. On Friday, they got lower after President Donald Trump threatened to impose major rates on the smartphone giant Apple and goods from the European Union, raising concerns about the slowdown of economic growth. Domestic data was optimistic. Retail sales rose 0.8% in March, beating estimates, and it appears to be increasing in April. The Materials Group, which includes metal mining stocks, has progressed 1.3% as the price of gold has again moved in reach of its recent record high. The price of oil also rose, up 0.5% at $ 61.53 a barrel, while the energy sector added 0.4%. Shares of Uranium Producer Energy Fuels Inc rose 18.1% after Trump signed executive orders to start the nuclear power industry. Technology was a drag, dropped by 1.4%, and industries lost 0.7%. (Reporting by Fergal Smith in Toronto and Sanchayaita Roy in Bengaluru; editing by Sahal Muhammad and Nia Williams)

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