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TSX Ends Modestly Higher After Cautious Session

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

The Canadian market ended higher on Friday, led by gains in technology and energy sectors.

The mood remained a bit cautious amid concerns about interest rates and the impact of higher borrowing costs on global economic growth. Investors reacted to a slew of earnings updates.

The benchmark S&P/TSX Composite Index ended up by 67.06 points or 0.34% at 19,654.47. The index shed about 0.9% in the week.

SNC Lavalin Group Inc (ATRL.TO) surged 8.2% on strong results. SNC reported adjusted net income $67.3 million for the third-quarter, compared with adjusted net income $52.1 million in Q3 2022.

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