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- The benchmark has soared about 22% this year, outpacing the S&P 500 Index’s 21% rise, thanks to its large weighting in banks and commodity stocks. The rally came even as retail sales fell 1.9% in September, according to a preliminary estimate from Statistics Canada, amid supply-chain issues and a shift in consumer spending from goods to services.
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Why did Canada's stock index climb to a two-year high?
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Why did the TSX Composite index hit a new high?
Mar 1, 2024 · Canada's main stock index climbed to a near two-year high on Friday, led by gains for resource and technology shares, as investors grew more optimistic about prospects for Federal Reserve...
- CANADA STOCKS-TSX closes at record high as markets climb ...
Canada's main stock index closed at a record high on...
- CANADA STOCKS-TSX closes at record high as markets climb ...
Feb 21, 2024 · TORONTO, Feb 21 (Reuters) - Canada's main stock index is set to edge higher in 2024 and then notch a record high next year as the expected start of interest rate cuts by central banks...
May 9, 2024 · Canada's main stock index closed at a record high on Thursday, led by gains for financial and resource shares, as investors cheered the Bank of England's dovish shift and a decline in...
Dec 19, 2023 · Canada's main stock index rose on Tuesday to an 18-month high, led by financial and forest product shares, giving investors with spare cash an incentive to increase their market exposure,...
Feb 22, 2023 · TORONTO — Canada’s main stock index will add to its rally this year and hit a record high in 2024 as the Bank of Canada turns less hawkish and China’s reopening boosts demand for commodities, a Reuters poll found, but the upswing will be less than previously thought.
Dec 13, 2023 · Canada's main stock index rose about 2% on Wednesday to a ten-month closing high in a broad-based rally as investors embraced risk on bets after the U.S. Federal Reserve signaled lower...
The main stock market index in Canada (TSX) increased 3264 points or 15.58% since the beginning of 2024, according to trading on a contract for difference (CFD) that tracks this benchmark index from Canada. Historically, the Canada Stock Market Index (TSX) reached an all time high of 24922.92 in October of 2024.