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TSX Hits Record High, Led Higher by Financials; Up 30 Points at Midday

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The TSX has touched a record high of 15,667.94 on Wednesday, taking cues from global stocks, and was ahead by 30 points at midday, led mostly by financial stocks.

Sentiments were boosted by U.S. President Donald Trump's signing of a number of executive orders, which markets see as pro-growth.

Meanwhile, oil prices were barely changed after the U.S. Energy Information Administration reported a 2.8 million barrel rise in crude stocks when the Street had been expecting a 2 million barrel increase.

Financials advanced 0.8%, while energy gained 0.5%. Only materials were in the red, with miners down 1.9% and metals retreating 1.3%.

Total volume traded so far was 191.5 million shares. Northern Dynasty Minerals (NDM.TO) was the most actively traded stock.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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