LOGO
LOGO

Canadian News

Energy Stocks Lift TSX Up At Open Tuesday

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Toronto stocks moved up at open Tuesday amid buying in energy stocks, with the S&P/TSX Composite Index adding 20.27 points or 0.18 percent to 11,541.44.

In the oil patch, MEG Energy (MEG.TO) surged over 5 percent, while Cenovus Energy (CVE.TO) and Pacific Rubiales Energy (PRE.TO) were adding around 1 percent each.

Fertilizer maker Potash Corp. (POT.TO) gained 3 percent and Agrium Inc. (AGU.TO) added over 1 percent.

Among financial stocks, TD Bank (TD.TO), Royal Bank (RY.TO) and National Bank (NA.TO) gathered around 1 percent each.

Aerospace and industrial equipment maker Héroux-Devtek Inc. (HRX.TO) soared over 40 percent after it said it would be selling substantially all of its Aerostructure and Industrial Products operations to Precision Castparts Corp. (PCP) for C$300 million in cash.

Meanwhile, gold stocks were trading lower amid flat bullion prices. AuRico Gold (AUQ.TO) dived over 12 percent. Barrick Gold (ABX.TO) and Agnico-Eagle Mines (AEM.TO) slipped close to 1 percent each.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - Jun 01 - Jun 05, 2026

June 05, 2026 16:18 ET
A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.

Latest Updates on COVID-19