(RTTNews) – The Canadian market closed on a positive note Wednesday, as stocks from various sectors rose thanks to purchases sustained in renewed optimism about a US stimulus agreement. But it’s not the first time
After asking his administration’s negotiators to stop talks with Democrats about a coronavirus relief plan the previous Tuesday, U. S. President Donald Trump tweeted that same night that he would take individual stimulus measures.
“The House and Senate deserve to immediately approve $25 billion for airline payroll and $135 billion for the small business payroll coverage program. Sign now!” Trump tweeted.
He later added: “If I get an independent invoice for stimulus checks ($1,200), they will immediately pass on to our wonderful people. I’m in a position to send a signal now.
The S-reference composite index
Health movements were the most successful: the limited fitness care rate increased by 3. 85%. Canopy Growth Corp (WEED. TO) rose to a maximum of 8%. Cronos Group (CRON. TO) earned just over 5% and Bausch Health Companies (BHC. TO) rose 4. 7%, while Aphria Inc. (APHA. TO) and Aurora Cannabis (ACB. TO) gained 4% and 2. 7%, respectively.
Discretionary customer index rose 2. 59%. Sleep Country Canada Holdings (ZZZ. TO) rose 7. 5%, the main winner of the section. Aritzia (ATZ. MAGNA International (MG. TO) rose 6. 3% and 5. 5% respectively. Gildan Activewear (GIL. TO), Martinrea International (MRE. TO), Great Canadian Gaming Corp (GC) and Canada Goose Holdings (GOOS. TO) have also made significant progress.
The limited power index rose 2. 06%, at Seven Generations Energy (VII. TO), Crescent Point Energy (CPG. To), Vermilion Energy (VET. TO), Whitecap Resources (WCP. Canadian Natural Resources (CNQ) . To), Imperial Oil (IMO. TO) and Suncor Energy (SU. TO), which rose from 2. 3% to 4. 3%.
Fairfax Financial Holdings (FFH. TO), Royal Bank of Canada (RY. TO), Manulife Financial (MFC. Bank of Montreal (BMO. To), Bank of Nova Scotia (BNS. TO) and Sun Life Financial (SLF. TO) were among the most sensible winners in monetary space.
Lightspeed Pos (LSPD. TO), Shopify Inc. (SHOP. TO), Docebo Inc. (DCBO. TO), Sierra Wireless (SW. TO) and Celestica Inc. (CLS. TO) posted profits.
In the commercial aspect, Ballard Power Systems (BLDP. To), Tfi International (TFII. TO), Air Canada (AC. To), Mullen Group (MTL. TO) and Richelieu Hardware (RCH. TO) rose from 3 to 5. 4%.
On the front line, Ivey’s PMI for Canada fell to 54. 3 in September 2020 from 67. 8 last month, amid the coronavirus crisis, dropped to 54. 3 in September 2020 from 67. 8 last month, amid the coronavirus crisis.
After opening with a note from the company, the stock continued to climb as the inquiry progressed and all primary averages ended in earnings.
The Dow Jones ended with 530. 70 issues or 1. 91% to 2,8303. 46, the Nasdaq rose 210 issues or 1. 88% to 11364. 60 and the S
Major European markets closed their doors after a turbulent session: the UK’s FTSE 100 fell by 0. 06%, France’s CAC 40 fell by 0. 27% and Germany’s DAX rose by 0. 17%.
Most markets in the Asia-Pacific region closed upwards on Wednesday.