TSX climbs on MLK Day

Allan Tong Posted On January 20, 2025

Wall Street was closed Monday to honour civil rights leader, Martin Luther King, Jr., but the TSX advanced 0.34%. Most sectors enjoyed gains, led by energy and materials, while only four sectors lagged slightly, including tech.

Major movers included Bombardier up 7.17%, Meg Energy 6.27%, CNQ 4.35%, Calibre Mining 3.07% and Kinaxis -1.84%. Commodities were mixed. Gold added US$5 to US$2,708 an ounce, but WTI shed a dollar to dip below US$77 a barrel. Bitcoin scaled new heights early in the day to US$109,00, and finished the session 0.2% higher at US$103,775. After the inauguration of President Trump, U.S. futures were modestly up. The NYSE reopens on Tuesday.

🚂 Bombardier Inc (B) (BBD.B-T) +7.17%

🛢 MEG Energy Corp (MEG-T) +6.27%

🛢 Canadian Natural Rsrcs (CNQ-T) +4.35%

⛏ Calibre Mining Corp. (CXB-X) +3.07%

💾 Kneat.com Inc (KSI-X) -1.84%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC)+0.02%