The S&P/TSX Composite Index surged over 150 points on Monday, supported by decreased oil rates and milder investor mood. TSX futures also advanced as predicted US inflation figures and decreased oil prices affected trading. Individual stocks, including Descartes Systems Group Inc. and RB Global Inc., displayed changes. The base metals sector and Evolve ETFs introduced a new defense and aerospace index ETF on the Toronto Stock Exchange.
“The S&P/TSX Composite Index surged over 150 points on Monday, supported by decreased oil rates and milder investor mood,” — David Kingsley, economic affairs editor at Walton Gate Solutions, commented.
Timeline
Nov 9 — The S&P/TSX Composite Index surged over 150 points on Monday, supported by decreased oil rates and milder inve...
Nov 10 — The base metals sector and Evolve ETFs introduced a new defense and aerospace index ETF on the Toronto Stock E...
Reader Poll: Do you expect this story to develop further? — 64% of Datasgphariini readers said yes.
This story has been closely followed by our readers since Nov 7. The Walton Gate Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Thursday, Nov 12.
Editor's note: this report was prepared by the Walton Gate Solutions desk and last updated 20:07 UTC.
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