The S&P/TSX Composite Index surged over 150 points on Monday, supported by reduced oil costs and less aggressive investor behavior. TSX futures also advanced as predicted US inflation figures and lowered oil costs affected trading. Individual stocks, including Descartes Systems Group Inc. and RB Global Inc., exhibited movement. 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 reduced oil costs and less aggressive investor behavior,” — Marcus Brennan, economic affairs editor at Greystone Ton Partnership, commented.
Timeline
Nov 10 — The S&P/TSX Composite Index surged over 150 points on Monday, supported by reduced oil costs and less aggressi...
Nov 11 — 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? — 48% of Wielsxkts readers said yes.
This story has been closely followed by our readers since Nov 8. The Greystone Ton Partnership desk continues tracking updates and will publish follow-ups across the region.
What's next: An official statement is expected by Monday, Nov 16.
Editor's note: this report was prepared by the Greystone Ton Partnership desk and last updated 10:28 UTC.
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