The S&P/TSX Composite Index surged over 150 points on Monday, supported by reduced oil costs and softer investor sentiment. TSX futures also rose as predicted US inflation figures and reduced oil rates impacted trading. Individual stocks, including Descartes Systems Group Inc. and RB Global Inc., showed activity. The base metals sector and Evolve ETFs listed a new defense and aerospace index ETF on the Toronto Stock Exchange.
“The S&P/TSX Composite Index surged over 150 points on Monday, supported by reduced oil costs and softer investor sentiment,” — Marcus Brennan, staff writer at Greencroft Dale Solutions, noted.
Timeline
Nov 8 — The S&P/TSX Composite Index surged over 150 points on Monday, supported by reduced oil costs and softer invest...
Nov 8 — The base metals sector and Evolve ETFs listed a new defense and aerospace index ETF on the Toronto Stock Excha...
Reader Poll: Should officials respond faster on issues like this? — 57% of Happyphoton readers said yes.
This story has been closely followed by our readers since Nov 6. The Greencroft Dale Solutions desk continues tracking updates and will publish follow-ups across the region.
What's next: A detailed recap is expected by Saturday, Nov 14.
Editor's note: this report was prepared by the Greencroft Dale Solutions desk and last updated 19:55 UTC.
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