TSX: Canada and U.S. stocks start the week strong as oil prices rise
Canada’s main stock market began the week on a positive note. The S&P/TSX Composite Index went up by 141 points, reaching 30,613.45. This rise came...
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Canada Market’s highest volume stocks: BCE falls 10.11%, BNS rises 1.84% at midday
In the energy sector, Cenovus Energy Inc. (CVE) has gained 2.76%, trading at 22.50 CAD with a strong buy rating. Enbridge Inc. (ENB) is slightly up 0.19% at 56.53 CAD, also rated as a buy.
Canada Market’s most volatile stocks: Cumberland Resources remains unchanged, Universal Ibogaine & 1933 Industries drops 50%
In contrast, Universal Ibogaine Inc. (IBO) has seen a sharp decline, down 50.00% to 0.005 CAD, with a volume of 10,030 shares traded. This marks a significant movement for the company in the health technology sector.
Canada Market top losers at midday: Reko International Group Down 15.79%, Western Uranium Falls 11.59%
Western Uranium & Vanadium Corp. follows closely, decreasing by 11.59% to 1.45 CAD with a volume of 62,987 shares. BCE Inc. is experiencing a drop of 9.93%, priced at 40.36 CAD with a hefty volume of 11.464 million shares.
Canada Market top gains: Step Energy Services Ltd. gains 40.17% while Arizona Metals Corp. rises 16.67% at midday
Other notable gainers include Zentek Ltd. at 11.70%, Profound Medical Corp. at 11.26%, and Horizon Copper Corp. with an 8.97% increase.
Canada Market: S&P/TSX declines 0.32% while S&P/TSX Smallcap gains 0.14% at midday
The S&P/TSX Venture index experienced a slight decline of 0.14%, dropping to 603.12 after reaching a high of 608.62 and a low of 602.77.
Canada market highest volatility: 1933 Industries and NuLegacy Gold among most volatile stocks, each down 50%
Advanced Gold Exploration Inc. (AUEX) also saw a 50.00% decline, trading at 0.005 CAD with high volatility. Similarly, Universal Ibogaine Inc. (IBO) dropped 50.00% to 0.005 CAD with high volatility in the health technology sector.
Canada market top losers: Tethys Petroleum down 12.17%, Western Uranium drops 7.93%
Other notable decliners include Tornado Global Hydrovacs Ltd (TGH), down 6.72% at 1.11 CAD, and Digihost Technology Inc. (DGHI), down 6.40% at 1.90 CAD.
Canada market top gainers: Step Energy Services up 39.04%, Coveo Solutions gains 8.43%
Prominent gainers included Entree Resources Ltd (ETG), rising +7.14% to 1.95 CAD, and Eupraxia Pharmaceuticals Inc (EPRX), gaining +6.74% at 4.59 CAD, both receiving a "Strong Buy" rating.
S&P/TSX composite up 0.38%, Smallcap gains 0.65% as Canadian markets open higher
The Canadian stock markets saw positive movement at the start of trading, with major indices showing gains across the board. At the time of reporting, several key indices recorded modest increases, signaling a positive opening for investors.