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Stock impact report

The close: Materials sector leads modest gain for TSX [Toronto Globe and Mail (Ontario, Canada)]

Aurora Cannabis Inc. - Common Shares (ACB) 
The close: Materials sector leads modest gain for TSX Canada’s main stock index was narrowly higher on Tuesday, as weakness in marijuana and consumer stocks was offset by gains in the materials sector, while fears around higher inflation dented market sentiment. The Toronto Stock Exchange’s S&P/TSX composite index was unofficially up 20.81 points, or 0.1%, at 20,437.12, after a long weekend. The Canadian equity market was closed on Monday for the Thanksgiving Day holiday. Materials stocks, which include precious and base metals miners and fertilizer companies, added 1.5% with gold prices increasing, as rising inflation fears dulled risk appetite and boosted demand for the safe-haven metal, although an advancing U.S. dollar limited bullion’s gains. Spot gold rose 0.3% to $1,759.31 per ounce, while U.S. gold futures settled 0.2% higher at $1,759.3. The heavyweight energy sector was down 0.05% with oil prices steadying after whipsawing in a volatile session on Tuesday, as traders weighed Show less Read more
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