Canada's TSX ends above 20,000 for first time as resource shares rally


The Toronto Stock Exchange's S&P/TSX composite index closed up 87.80 points, or 0.4%, at 20,029.19. Investors say that 20,000 is a key psychological level.Since March 2020, the index has soared nearly 80%.

TORONTO: Canada's main stock market index closed above 20,000 on Friday for the first time, extending a sharp rebound from its low last year during the COVID-19 crisis as higher commodity prices bolstered the shares of resource companies.

The Toronto Stock Exchange's S&P/TSX composite index closed up 87.80 points, or 0.4%, at 20,029.19. Investors say that 20,000 is a key psychological level.

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Toronto Stock Exchange , TSX , Canada , resources , shares ,

   

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