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S&P/TSX Composite posts small gain on Monday, Loonie higher

TORONTO — Canada’s main stock index posted a small gain on Monday, helped by strength in energy and industrial stocks.

The S&P/TSX composite closed up 52.51 points at 22,373.38.

US stock markets were closed for the Memorial Day holiday.

The Canadian dollar traded at 73.34 US cents, compared with 73.14 US cents on Friday.

Commodity markets were also closed for the US holiday.

This week will see earnings from several major Canadian banks as well as more US economic data reports

This report by The Canadian Press was first published on May 27, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press

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