Canada's TSX eclipses 20,000


  • Markets
  • Wednesday, 02 Jun 2021

The Toronto Stock Exchange's S&P/TSX composite index touched a record high at 20,022.13 before dipping to 19,976.01, up 1.2% on the day. Since hitting its low during the coronavirus crisis in March last year, the commodity-linked index has soared nearly 80%.

TORONTO: Canada's main stock market index moved above the 20,000 threshold for the first time on Tuesday, while the loonie notched a six-year high, with sentiment boosted by higher commodity prices and data showing strong growth in the domestic economy.

The Toronto Stock Exchange's S&P/TSX composite index touched a record high at 20,022.13 before dipping to 19,976.01, up 1.2% on the day. Since hitting its low during the coronavirus crisis in March last year, the commodity-linked index has soared nearly 80%.

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