TSX Composite opens higher; inflation at the lowest level since February 2021

Investing.com - Canadian equities started mixed on Tuesday. The top gainers were Capped Energy, Capped Consumer Discretionary and Renewable Energy and Clean Technology indices. Capped Real Estate and Capped Consumer Staples indices were down.

At the market open in Toronto, the TSX Composite Index rose 0.17% after the CPI data was published. The TSX Venture and the TSX Smallcap were also up. The TSX Venture rose 0.26%, while the Smallcap was up by 0.21%.

Top Gainers:

  • Lightspeed Commerce (TSX:LSPD): Rose 3.26% or 0.57 points to 18.03.
  • Canfor (TSX:CFP) Corporation: Increased 2.91% or 0.46 points to 16.26.
  • Ballard (TSX:BLDP): Climbed 1.77% or 0.04 points to 2.30.

InvestingPro Top Gainers Price History

Top Losers:

  • New Gold (TSX:NGD): Fell 1.76% or 0.075 points to 4.185.
  • Novagold (TSX:NG): Dropped 1.19% or 0.07 points to 5.79.
  • Wesdome Gold (TSX:WDO) Mines: Declined 1.68% or 0.23 points to 13.49.

InvestingPro Top Losers Price History

In Commodities Trading:

  • November Brent Oil Contract increased by 0.69% or 0.50 points to 73.25 a barrel.
  • Crude Oil for November delivery climbed 0.61 points to 69.63 a barrel.
  • Gold Futures for December delivery dropped 4.40 points to 2,604.50 a troy ounce.

Currency Markets:

  • USD/CAD is over 1.36, trying to stabilise there.
  • EUR/CAD is stable at 1.51.
  • The US Dollar Index Futures was up 0.12% at 100.555.

Main Economic Events:

Today's main economic events for the Canadian markets are the CPI data and housing starts.

This content was originally published on Investing.com