The TSX dipped 32.42 to 20839.72. TSX Venture slid 2.81 to 550.94 while the CSE Composite sat at 164.75. It seems all the feel good investors were following because of rate cut predictions has slipped to a pessimism as to how much will actually be cut and when.
| 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%) |
Energy and Healthcare had a good morning leading the way with some positivity in the face of a downward index trend. IntelliPharmaCeutics International Inc. (IPCI.T) jumped 33.33% to $0.08 per share in the wake of the company announcing yesterday that it had received conditional approval to list on the TSX Venture Exchange. Razor Energy Corp. (RZE.V) shot up 46.43% to $0.41 per share on no news. The company announced at the end of December that as a result of financial disputes with the operator of the Judy Creek Gas Plant, Razor’s access had been restricted and the facility was no longer processing its natural gas. Waraba Gold Limited (WBGD.C) lit up the CSE, rocketing 1900% to $0.10 per share on no news. The company announced back in May 2023 that it had closed the third tranche of a PP offering of units.
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