Equities in Canada’s largest centre edged higher on Monday, with health-care and tech stocks faring best, while traders looked ahead to a week of key data including consumer prices numbers.
The TSX forged upward 23.78 points to begin the week at 20,383.88.
The Canadian dollar nosed 0.01 cents at 74.64 cents U.S.
Among health-care issues, Tilray gained nine cents, or 2.1%, to $4.31 while Bausch Health Companies picked up 16 cents, or 1.6%, to $10.22.
In tech stocks, HUT 8 Mining sprinted 37 cents or 17.5%, to $2.49, while Absolute Software took on 92 cents, or 6.2%, to $15.82.
In the utility sector, Brookfield Renewables units jumped 77 cents, or 2%, to $38.83, while Brookfield Infrastructure units improved 49 cents, or 1.1%, to 1.1%, to $46.61.
On the economic calendar, manufacturing sales in Canada were unchanged in November with higher sales in the motor vehicle and fabricated metal industries offset by lower sales in the chemical and petroleum and coal product industries, while the Canadian Real Estate Association reported national home sales rose 1.3% month-over-month in December. CREA also reported actual (not seasonally adjusted) monthly activity came in 39.1% below December 2021.
ON BAYSTREET
The TSX Venture Exchange gained 5.23 points, to 615.11, for a gain on the week of 33 points, or 5.7%
All but three of the 12 subgroups started the week positive, with health-care up 0.7%, information technology clicking higher 0.6%, and utilities ahead 0.4%.
The three laggards were communications, off 0.5%, materials, sagging 0.3%, and gold, off 0.2%.
ON WALLSTREET
Markets are shuttered in the States Monday for Martin Luther King Day.
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