The TSX edged down this morning to 20889.49. TSX Venture also fell slightly to 549.56 while the CSE Composite bumped slightly to 170.12. Inflation was more than expected in December, giving investors pause as this will impact the likelihood of a soft economic landing in 2024.
| 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%) |
Battery Metals, Information Technology and Energy were the only positive players on the TSX in morning trading. Organigram Holdings (OGI.T) popped 19% to $2.25 per share on no news. The company announced fiscal 2023 results in December. Bitcoin Well Inc. (BTCW.V) jumped 50% to $0.075 per share on the heels of the US Bitcoin ETFs trading launch announcement. Teako Minerals (TMIN.C) climbed 30% to $0.085 per share on no news.
Leave a Reply