Mon Mar 12 2018 saw energy stocks take a hit as the price of oil continues to be a “drag” on the sector. Paramount Resources fell 3.9% while Crescent Point Energy was down 2.1%. Suncor Energy stock (SU) managed to recover from selling pressure and closed at $41.74 the same price as Friday’s close.
The decline in oil prices though was offset by a rise in gold producers with Barrick Gold up 3% and Goldcorp rising 2.6%.
Financial stocks were mixed. By the close the TSX managed another small gain to close above 15,600.
Here is the outlook for the Canadian Stock Market for Tue Mar 13 2018
The rest of the Canadian Stock Market Outlook for tomorrow is for FullyInformed Members.
TSX Composite Index – Canadian Stock Market Outlook For Tue Mar 13 2018
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