Market Update

July 5, 2020

Latest market wrap
The close: TSX pares weekly gain as surging virus cases dim recovery hopes

Christopher Katsarov/The Globe and Mail

The close: TSX pares weekly gain as surging virus cases dim recovery hopes
Canada’s main stock index gave back a small part of this week’s rally on Friday, as a record surge in COVID-19 cases in the United States raised fears of another round of lockdowns.

The United States reported more than 55,000 new COVID-19 cases on Thursday, a new daily global record for the pandemic.

The Toronto Stock Exchange’s S&P/TSX composite index closed down 0.2% at 15,596.75. With U.S. stock markets closed for a public holiday, trading volumes were lower than usual.

For the week, the TSX was up 2.7%, helped by data showing early signs of an economic rebound from the pandemic-driven slump.

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Top Gainers
Ticker Company Last
FOOD-T Goodfood Market Corp $5.57 0.60
CRH-T CRH Medical Corp $3.34 0.28
CGX-T Cineplex Inc $8.50 0.59
IN-T Inmed Pharmaceuticals IN $9.19 8.93
III-T Imperial Metals Corp $2.20 0.14
FXC-T Fax Capital Corp $3.50 0.20
CLIQ-T Alcanna Inc $3.65 0.19
MDF-T Mediagrif Interac $5.96 0.29
PRN-T Profound Medical Corp $25.00 1.20
UNS-T Uni Select Inc $9.00 0.43

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