Sign Up for FREE Daily Energy News
 
BREAKING NEWS:
Precision Well Servicing
Hazloc Heaters
Copper Tip Energy Services
Precision Well Servicing
Hazloc Heaters
Copper Tip Energy

TSX flat as gains in energy shares offset losses in other sectors


April 22 (Reuters) – Canada’s main stock index was flat on Monday, after closing at a record high in the previous session, as gains in energy shares were offset by declines across other sectors.

* At 9:43 a.m. ET (1343 GMT), the Toronto Stock Exchange’s S&P/TSX Composite index was down 6.52 points, or 0.04 percent, at 16,606.29.

* Ten of the index’s 11 major sectors were lower, while the energy sector gained 1.1 percent.

* Oil topped $74 per barrel on Monday, the highest since November, as the United States was set to announce a further clamp down on Iranian oil exports, tightening global supplies.

* U.S. crude prices were up 2.3 percent per barrel, while Brent crude added 2.5 percent.

* The financials sector edged down 0.2 percent, while the industrials sector fell 0.4 percent.

* The materials sector, which includes precious and base metals miners, shed 0.3 percent.

* On the TSX, 106 issues were higher, while 128 issues declined for a 1.21-to-1 ratio to the downside, with traded volume touching 13.72 million shares.

* Top percentage gainers on the TSX were oil and gas producers. Crescent Point jumped 4.7 percent, while Baytex Energy Co rose 3.6 percent.

* CannTrust Holding fell 4.4 percent, the most on the TSX, followed by a 2.6 percent decline in shares of Hudbay Minerals.

* The most heavily traded shares by volume were Prometic Life Sciences, Crescent Point Energy Corp and Stornoway Diamond Corp.

* The TSX posted five new 52-week highs and no new low.

* Across all Canadian issues, there were 29 new 52-week highs and seven new lows, with total volume touching 28.16 million shares.

(Reporting by Shreyashi Sanyal in Bengaluru; Editing by James Emmanuel)



Share This:



More News Articles


New SHOWCASE Directory Companies

 

Osprey Informatics
Stream-Flo
Vision Integrity Engineering Ltd.
CFR Chemicals
Scovan Engineering
Ironhub
Nationwide Boiler Inc
Silverstream Energy Solutions