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Daily-Wrap

The Canadian market ended weak for a second straight day

Index Update:The benchmark Canadian stock market index TSX Composite today opened lower, and despite dropping further post noon, managed to regain some lost ground and eventually settled with a modest loss of 35.51 points or 0.14% at 26,175.05. The index gained 0.6% in the …

Team Kalkine | 02 June 2025

Canada Stock Market Index (TSX) slipped 0.3%

Index Update:The S&P/TSX Composite Index slipped 0.3% to close at 26,210 on Thursday, retreating from a record high set the previous session. The index underperformed its US counterparts due to its lower exposure to the technology sector.

Team Kalkine | 30 May 2025

Canadian Stocks Clocked Marginally Lower

Index Update:The S&P/TSX Composite Index finished marginally lower at the 26,259 level on Wednesday, retreating after briefly touching the 26,310 mark for the first time, as optimism was tempered by the release of the US Federal Reserve’s May meeting minutes.

Team Kalkine | 29 May 2025

Canadian stocks moved higher during trading on Tuesday

Index Update:The S&P/TSX Composite Index added 0.75% to close at 26,269.00 on Tuesday, a fresh record. This rise was fueled by a robust performance on Wall Street and a hopeful outlook for Toronto's dominant financial industry. Stocks in more speculative sectors continued their upward …

Team Kalkine | 28 May 2025

Canadian Stocks Clocked Fresh Record High

Index Update:The S&P/TSX Composite Index closed up 0.75% at a fresh record high of 26073 on Monday, buoyed by a broadly positive market sentiment as investors welcomed President Trump’s decision to postpone a planned 50% tariff on EU imports, delaying it until July 9th.

Team Kalkine | 27 May 2025

Canadian Stocks Closed Slightly Higher

Index Update:Canadian stocks moved to the downside early in the trading day on Friday but rebounded over the course of the session. The benchmark S&P/TSX Composite Index climbed well off its early lows before ending the day up 25.94 points or 0.1 percent at …

Team Kalkine | 26 May 2025

Canadian stocks moved higher during trading on Thursday

Index Update:The S&P/TSX Composite Index added 0.06% to close at 25,854.01 on Thursday, as the market continued to pull back from Tuesday's record high. Investors were weighing the risks posed by higher fiscal deficits in the US after the US House approved a tax …

Team Kalkine | 23 May 2025

Canadian stocks dropped during trading on Wednesday

Index Update:The S&P/TSX Composite Index dropped 0.83% to close at 25,839.17 on Wednesday. The downturn was largely attributed to prevailing U.S. trade and fiscal uncertainties and mixed domestic economic signals. Stalemate in Congress over President Trump’s tax proposals, alongside stalled progress in key trade …

Team Kalkine | 22 May 2025

TSX Extends Gains To 10th Straight Session

Index Update:The benchmark S&P/TSX Composite Index, which climbed to a record high of 26,117.13, closed 83.70 points in gain at 26,055.63.

Team Kalkine | 21 May 2025

Canadian stocks moved higher during trading on Friday

Index Update:The S&P/TSX Composite Index rose 0.29% to a record high of 25,971.93 on Friday, contributing to a robust 2.4% weekly advance. This upward momentum was primarily driven by strong performances from key constituents in the financial and technology sectors, which effectively counter balanced …

Team Kalkine | 20 May 2025