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Daily Market Close: TSX rises on election day | April 28, 2025
Stockhouse
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4/28/2025
The Market Online brings you the news as the Canadian Markets Close.
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News
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00:00
Let's check in with markets in Toronto today.
00:06
Canada's main stock index rose on Monday as investors stayed cautious
00:10
ahead of the general election happening in Canada,
00:13
influenced by US President Donald Trump's trade war.
00:16
Election results will start coming in from eastern to western provinces
00:20
after polls close at staggered times this evening.
00:23
Investors are gearing up for the busiest period of the Q1 earnings season
00:27
with more than 180 S&P 500 companies set to report their results.
00:31
They are also closely watching for any progress in trade negotiations, especially with China.
00:36
As for the indices themselves, the TSX was up 88 points by close,
00:41
while the venture lost just over half a point.
00:43
The Dow was up 114 points, and the NASDAQ lost 5.
00:51
Looking at the top gaining stocks in the TSX today,
00:54
we had M Split Corp up 62%,
00:57
I80 Gold Corp added 33%,
00:59
and Enthusiast Gaming was up 18%.
01:07
The stocks that saw the biggest drop were the top loser today,
01:10
XRO Technology gave up 25%,
01:12
TerraGo lost almost 20%,
01:14
and Firefly Metals snuffed out 12.5%.
01:17
That's it for this market update,
01:19
thanks for watching,
01:20
I'm Jonathan Brown,
01:21
and I'll see you next time.
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