Stocks Hike by Monday Close

Mar 11, 2019 ( via COMTEX) —

Equities in Canada’s largest centre enjoyed triple-gains, mostly in the tech and energy sectors, crawling out of a three-week gully at which the index ended Friday.

The S&P/TSX Composite Index jumped 110.03 points to conclude trading on Monday at 16,106.24

The Canadian dollar recovered 0.10 cents at 74.61 cents U.S.

Among tech stocks, Shopify rocketed $14.31, or 5.6%, to $268.67, while BlackBerry climbed a dime to $12.42.

Energy stocks proved big stars, as Suncor grew 42 cents, or 1.4%, to $44.32, while Encana Corporation gained 22 cents, or 2.5%, to $9.18.

In the industrial sector, Air Canada got lift of 18 cents to $33.34, while Bombardier picked up three cents, or 1.1%, to $2.87.

Iamgold was among the biggest decliners, as gold prices slipped on Monday after equity markets regained some ground. Iamgold descended 19 cents, or 3.9%, to $4.66. Elsewhere in the gold patch, Kirkland Lake Gold lost 33 cents to $46.55


The TSX Venture Exchange gained 1.47 points to 619.55

All but one of the 12 TSX subgroups remained higher throughout the day, as information technology clicked 1.8% higher, energy gushed 1.4%, and industrials were 0.8% stronger.

Gold was the lone holdout against the positive tide, waning 0.7%.


Stocks rose on Monday as strong gains in tech shares like Apple and Facebook offset a steep decline in Boeing.

The Dow Jones Industrial Average roared higher 198.46 to end the day at 25,648.70, after falling more than 200 points.

The S&P 500 advanced 40.23 points, or 1.5%, to 2,783.30, led by a 2.2% jump in the tech sector.

The NASDAQ Composite climbed 149.92 points, or 2%, to 7,558.06.

The indexes also snapped a five-day losing streak.

Boeing fell 5.3% after a plane crash on Sunday that involved the

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