The TSX Composite Index climbed over 200 points to sit at 20830.8 by afternoon trading, S&P/TSX Venture Index edged up to 535.23 in that same period and CSE Composite Index slid slightly to 159.11. The prospect of the Bank of Canada cutting rates in the new year continued to fuel investors’ hopes of a better 2024. Base metals and financial sectors led the charge on the TSX.
| 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%) |
VIQ Solutions (VQS.T) continued its upward ascent rising 18.75% to $0.19 per share. Apogee Minerals (APMI.V) rose 40% to $0.07 on no news, the company announced the acquisition of the Shasko Bay Uranium and Gold Project located in Northern Saskatchewan at the end of November, and Neotech Metals (NTMC.C) popped 39.61% to $2.89, the miner announced signing a strategic option agreement for the Thor REE Project four days ago.
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