TSX Composite

Index

TSEC

XC0009695252

Market Closed - Toronto S.E. 04:46:43 2024-12-05 pm EST			5-day change	1st Jan Change
25,680.04 ^PTS	+0.15%		+0.53%	+22.53%

Dec. 05	TSX Closer: The Market Closes at a Fresh Record as White Hot Markets Leave Experts Scratching Their Heads	MT
Dec. 05	TSX up 48 Points at Midday With Energy, Utilities, Leading Gains	MT

Toronto Stocks Advance; Canadian GDP Rises at 1%

November 29, 2024 at 12:16 pm EST

By Adriano Marchese

Stocks in Toronto were modestly higher Friday, mid-trading. The gains were broad-based but led by manufacturing, industrial services and tech stocks. Only health tech stocks had any notable declines, though slight.

On the macroeconomic front, Canada's economy lost some momentum in the third quarter, slowing to a 1% growth rate, thanks to lower business investment and exports. Analysts think this tepid performance will likely leave room for the central bank to continue lowering interest rates to give a jolt to growth.

Canada's S&P/TSX Composite Index rose 0.4% to 25639.16 and the blue-chip S&P/TSX 60 advanced by 0.4% to 1538.76.

Write to Adriano Marchese at adriano.marchese@wsj.com

(END) Dow Jones Newswires

11-29-24 1215ET

Latest news about TSX Composite

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