The TSX took a breather in morning trading to sit at 20952.05. The TSX Venture followed suit to settle at 559.41 while the CSE composite continued its upward swing to 164.01. Traders are still digesting BoC’s potential interest rate schedule for 2024 with some analysts predicting lower returns on stocks for the next decade.
| Dow Jones 37735.11 – 723.99 (-2.0%) |
| Nasdaq 15282.01 – 1160.19 (-7.000000000000001%) |
| TSX 21642.87 – 467.23 (-2.0%) |
| TSX Gold 312.68 – 2.58 (-1.0%) |
| Comex Gold 2315.8 – 58.3 (-2.0%) |
| CAD/USD 0.73 0.0 0.0 |
| Bitcoin USD 42657.07 – 85.24 (-0.0%) |
Information Technology, Healthcare and Battery Metals were the only positive notes in today’s trading. Enthusiast Gaming Holdings (EGLX.T) climbed 19% to sit at $0.24 per share on no news. The company unveiled a significant update to Shockwave.com on December 12. Kidoz Inc. (KIDZ.V), a mobile AdTech developer, rose 46% on the TSX Venture to $0.19 on no news. The company announced record quarterly revenues at the end of November. Mabel Ventures (MBL.C), a mineral explorer trading on the CSE, jumped 150% to $0.25 on no news. The company commenced trading on the CSE at the end of November.
Leave a Reply