TSX Rallies on Crude Boost; Dye & Durham Announces Strategic Review
Investing.com | Author Ketki Saxena
Published Nov 13, 2023 15:10
By Ketki Saxena
Investing.com – Canada’s main stock index, the S&P/TSX rebounded today, supported by higher oil prices, which boosted the heavyweight energy sector and supported the commodity heavy TSX.
Wall Street meanwhile traded on a muted note, as markets await tomorrow’s all-important US CPI data, and speeches from a slew of Fed policymakers this week.
Toronto Stock Market News/h2
Dye and Durham (TSX:DND) shares jumped to the top of the TSX, after the company announced a strategic review of its non-core assets as the company seeks to reduce its debt. The software company says the review will examine a range of options, including the potential sale of its non-core assets.
First Quantum (TSX:FM) announced that it has begun reducing processing operations at its flagship Cobre Panamá mine after an illegal blockade at its Punta Rincón port. A survey of lawyers by Reuters, meanwhile, believes that Panama’s top court will likely rule against First Quantum in a few weeks, as it decides on the future of the contested contract for the mine.
For all earnings, view our earnings calendar.
Toronto Stocks Moving Markets Today/h2
Top Gainers on the TSX Today:/h3
- Dye & Durham Ltd (TSX:DND)
- Denison Mines (NYSE:DNN)
- CCL Industries (TSX:CCLb)
Top Losers on the TSX Today:/h3
- Bombardier (TSX:BBDb)
- Osisko Mining (TSX:OSK)
- IAMGold (TSX:IMG)
- Dye & Durham Ltd (TSX:DND)
- Denison Mines (NYSE:DNN)
- CCL Industries (TSX:CCLb)
Top Losers on the TSX Today:/h3
- Bombardier (TSX:BBDb)
- Osisko Mining (TSX:OSK)
- IAMGold (TSX:IMG)
For all Toronto Stocks Moving Markets today, view our Canada Markets Page.
In Canadian Economics/h2
No major Canadian economic data expected
For all Canadian economic releases, view our economic calendar.
All currencies Canadian Dollar unless noted otherwise.
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