Canada’s TSX Hits high records as investors assess economic data

On Friday, Canada’s main stock index reached an all-time level, but the heavyweight mining shares benefited from the loss of heavyweight mining, while investors assessed domestic and US economic data.

The S&P/TSX Composite Index rose 0.1% at 26,790.18 points, surpassing Tuesday’s record intraday of 26,780.19.

Healthcare stocks have a regional benefit with an increase of 1.7%. B US Health Companies, Contact Lens Producer Busush + Lomb’s Parent Company, increased 3.1%.

On the flip side, mining shares were down 2.8%, gold tracking that fell to a one -month low. Londin Gold was among the top losers of gold miners, down 7% at the bottom of the main index. Kineros Gold lost 5.7%.

On Friday, economic data signed a Canadian economy in April, as encouraged by services in the area of ​​tariffs.

Philip Pattern, chief investment strategist at IG Wealth Management, said GDP figures are “driven by weak exports in the US … I don’t think it is being reflected in the market.”

“It is more likely to reduce interest rates.” US In, the cost of the customer fell in May, while the monthly inflation remained moderate.

In individual stocks, TC Energy has increased 3.3%, after the pipeline operators began collecting tolls for the southeast gateway natural gas pipeline in Mexico.

Miner Vesdom Gold finished editing Angus Gold. Shares of Wesdom Gold were down 2.9%.