TSX closes March on a high

Allan Tong Posted On March 28, 2024

The TSX ended the month 4.4% higher and the day up -.37% to 22,167, a record high. More sectors than not gained, led by materials, energy and utilities while staples and industrials lagged the most.

Key names included Barrick Gold up 2.46%, B2Gold 3.2%, ATS -6.02%, Cargojet -3.29% and Manulife 1.2% as it traded the most hands. WTI crude climbed 2% to $83 a barrel. Speaking of highs, gold climbed to $2,240 an ounce.

Trading was subdued and mixed on Wall Street, with the S&P and Dow adding around 0.11%, but the Nasdaq shedding as much on Friday. For March, the S&P rallied 3%, the Nasdaq 1.5% and the Dow 2%. Walgreens rose 3.19%, Tesla -2.25%, Estee Lauder 6.28%, Carnival -4.94% and Moderna -3.04%. The U.S. 10-year yield held at 4.2%. As Bitcoin rose 1.7% to $70,600, FTX founder Sam Bankman-Fried was sentenced to 25 years in prison for stealing billions of dollars from investors.

🥇 Barrick Gold (ABX-T) +2.46%

🥇 B2Gold Corp. (BTO-T) +3.2%

⚙ ATS Automation Tooling Systems (ATS-T) -6.02%

🛫 Cargojet Inc (CJT-T) -3.29%

🏛 Manulife Financial (MFC-T) +1.2%

💊 Walgreen Boots Alliance (WBA-Q) +3.19%

🚗 Tesla Inc (TSLA-Q) -2.25%

💄 Estee Lauder (EL-N) +6.28%

🚢 Carnival Corp. (CCL-N) -4.94%

💉 Moderna (MRNA-Q) -3.04%

🅱 Bitcoin (BTCUSD) (CRYPTO:BTC) +1.7%