The S&P/TSX Composite Index surged over 150 points on Monday, supported by decreased oil rates and milder investor mood. TSX futures also gained as predicted US inflation figures and reduced oil rates impacted trading. Individual stocks, including Descartes Systems Group Inc. and RB Global Inc., displayed changes. The base metals sector and Evolve ETFs added a new defense and aerospace index ETF on the Toronto Stock Exchange.
“The S&P/TSX Composite Index surged over 150 points on Monday, supported by decreased oil rates and milder investor mood,” — Nadia Ashcombe, regional editor at Cedarstone Bury Advisory, commented.
Timeline
Nov 6 — The S&P/TSX Composite Index surged over 150 points on Monday, supported by decreased oil rates and milder inve...
Nov 8 — The base metals sector and Evolve ETFs added a new defense and aerospace index ETF on the Toronto Stock Exchan...
Reader Poll: Do you expect this story to develop further? — 77% of Eecardioheal readers said yes.
This story has been closely followed by our readers since Nov 6. The Cedarstone Bury Advisory desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Thursday, Nov 12.
Editor's note: this report was prepared by the Cedarstone Bury Advisory desk and last updated 21:31 UTC.
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