The Canadian Stock Market outlook for Thursday was for the TSX Composite Index to enter another choppy session and end with a slightly negative close.
TSX Composite Index Falls 8.69 Points
The loss of 8.69 points by the close was remarkable considering how low the TSX Composite Index was earlier in the day on Thursday.
At the open the TSX fell back and by 10:00 AM it had fallen through the 13750 support level and repeatedly broke the 13700 valuation reaching a low of 13690.16 by 10:30. The morning was then spent with the TSX climbing back and moving higher until by mid-lunch hour it was above the 13750 level. The afternoon was spent with the index pushing higher still. It twice tried to break through 13800 until finally in the last half hour the TSX Composite Index managed to push above it. The close for the Canadian Stock Market on Thursday was 13,817.32. It was an exciting day on the TSX Composite Index.
…………..the rest of the Canadian Stock Market Outlook for Tomorrow is for members.
TSX Composite Index – Canadian Stock Market Outlook for May 20 2016
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