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Daily Market Close: TSX scores another record high | May 28, 2025
Stockhouse
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5/28/2025
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 see what happened with markets in Toronto today.
00:06
Canada's main stock index rallied higher on Wednesday,
00:09
excelling beyond the previous session's record high.
00:12
The financial sector once again led gains in the TSX,
00:15
thanks to positive results from major banks.
00:18
U.S. stocks lost ground a day after the Dow Jones Industrial Average
00:23
snapped a four-day losing streak.
00:26
As for the TSX, it added 14 points while the venture shed half a point.
00:31
On Wall Street, the Dow fell 244 points and the NASDAQ lost almost 100.
00:42
To the highest gaining TSX stocks on the day,
00:45
it's a tie for first as Sullivan Mining Capital meets Ells Nutrition at 33% growth today.
00:51
This comes as the food and nutrition company has expanded nationwide
00:56
with its kids ready-to-drink shakes in a thousand U.S. stores.
01:00
And Flintcorp was up 20%.
01:08
The stocks seeing the steepest drop were Euphraxia Pharmaceuticals down 23%,
01:13
Enthusiast Gaming fell 15%,
01:16
and Sierra Metals scraped off 14%.
01:19
That's it for this market update.
01:21
Thanks for watching.
01:22
I'm Jonathan Brown.
01:23
I'll see you next time.
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