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With Wall Street closed for Independence Day, the TSX rose 0.21% to nearly 20,200 in light holiday trading. OPEC and Russia announced oil production cuts which helped lift the Canadian index. Naturally, energy was a leading sector as well as materials and real estate. Only four sectors lagged, led by staples.
WTI and WCS both added 1.73% on Tuesday to reach $71 and $59.34 a barel respectively.
On the TSX, notable movers were Tilray soaring 11.22%, TD up 1.5% as the heaviest-traded name, Athabasca Oil 2.09%, Innergex Renewable at 5.19% and Equinox Gold adding 7.25%. In contrast, the Bank of Nova Scotia shed 1.48%.
🌿 Tilray Inc. (TLRY-Q) +11.22%
🏛 Toronto Dominion (TD) (TD-T) +1.5%
🛢 Athabasca Oil Sands Corp (ATH-T) +2.09%
♻ Innergex Renewable Energy (INE-T) +5.19%
🥇 Equinox Gold (EQX-T) +7.25%
🏛 Bank of Nova Scotia (BNS-T) -1.48%
