A jump in energy stocks led Toronto’s S&P /TSX up 21.14 to 8366.63 today. U.S. markets were closed due to the funeral of former president Ronald Reagan.
Energy stocks jumped 0.48%, while financials were a close second, adding 0.33%. Other major winning sectors today included health care, industrials and information technology.
The biggest losers were real estate and utilities.
Meanwhile, the TSX Venture Exchange climbed 6.61 to 1559.55.
The Canadian dollar fell 0.22 of a cent to US73.28¢, despite a report from Statistics Canada that exports surged in April, pushing the Canadian trade balance to its second-highest level ever. The surplus hit $7.6 billion, $1 billion less than the all-time record set in January 2001. The figure was also much higher than the $6.3-billion surplus expected by economists.
All North American exchanges will be up and running on Monday.