TSX starts the trading year higher as energy sector helped by increased oil price

By CanadianInvestor / January 02, 2019 / www.canadianinvestor.com / Article Link

Share this article

TORONTO - Canada's main stock index started the trading year higher in a volatile day that saw the key energy sector get a boost from higher oil prices.

The S&P/TSX composite index closed up 24.30 points at 14,347.16.

In New York, the Dow Jones industrial average ended the day up 18.78 points at 23,346.24. The S&P 500 index was up 3.18 points at 2,510.03, while the Nasdaq composite was up 30.66 points at 6,665.94.

The Canadian dollar traded at an average of 73.53 cents US compared with an average of 73.30 cents US on Monday to close out 2018.

The February crude contract was up US$1.13 at US$46.54 per barrel and the February natural gas contract was up 1.8 cents at US$2.96 per mmBTU.

The February gold contract was up US$2.80 at US$1,284.10 an ounce and the March copper contract was down 0.8 of a cent at US$2.62 a pound.

Index and currency in this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press

Recent News

Gold Becomes Largest Metals Market

May 26, 2025 / www.canadianminingreport.com

Gold stocks surge on metal gain, Amex boosts Perron resource

May 26, 2025 / www.canadianminingreport.com

Global trade tensions ease and inflation continues to decline

May 19, 2025 / www.canadianminingreport.com

Gold stocks down as metal slumps and equities rise

May 19, 2025 / www.canadianminingreport.com

Big Gold has another strong quarter, but some signs growth cooling

May 12, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok