After a week of consistent positive performance, Canada’s primary stock index showed minimal movement upon closing on Friday. The TSX’s energy sector experienced a decline following a drop in oil prices, with the mining and industrials sectors also experiencing a decrease.
Market activity in the United States showed little fluctuation, with traders concluding the week’s recovery rally on a stable note after last week’s global selloff impact.
The Canadian dollar was trading at 73.06 cents U.S. compared to 72.81 cents U.S. on Thursday. U.S. crude futures recorded a $1.44 decrease to $76.72 a barrel, while the Brent contract fell by $1.25 to $79.79 a barrel.
Gold prices saw an increase of US$50.58 to reach US$2,508.13. Internationally, the Nikkei rose by 1,336.03 points reaching 38,062.67, the Hang Seng increased by 321.02 points to 17,430.16, the FTSE dropped by 35.94 points to 8,311.41, and the DAX rose by 139.16 points to 18,322.40.
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