The S&P/TSX Composite Index surged over 150 points on Monday, boosted by reduced oil costs and less aggressive investor behavior. TSX futures also rose as anticipated US inflation data and lowered oil costs impacted trading. Individual stocks, including Descartes Systems Group Inc. and RB Global Inc., exhibited movement. The base metals sector and Evolve ETFs added a new defense and aerospace index ETF on the Toronto Stock Exchange.
“Individual stocks, including Descartes Systems Group Inc,” — Lena Ostrowski, research director at Ashley Ham Analytics, told our newsroom.
Timeline
Nov 11 — The S&P/TSX Composite Index surged over 150 points on Monday, boosted by reduced oil costs and less aggressive...
Nov 12 — The base metals sector and Evolve ETFs added a new defense and aerospace index ETF on the Toronto Stock Exchan...
Reader Poll: Has this affected your local community? — 85% of Tobinmilbusiness readers said yes.
This story has been closely followed by our readers since Nov 11. The Ashley Ham Analytics desk continues tracking updates and will publish follow-ups across the region.
What's next: A follow-up briefing is expected by Sunday, Nov 15.
Editor's note: this report was prepared by the Ashley Ham Analytics desk and last updated 05:17 UTC.
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