Many Canada stock pickers appeared to be overcoming a sugar rush on their return to trading on this Easter Monday after a long holiday weekend in the way they sent Canada’s main stock market up and down regularly from the opening bell and through the day, before finally having it settle up near 20 points. Modest gains for sure today, but they do keep the Toronto Stock Exchange (TSX) just shy of record high levels.
According to BNN Bloomberg TV, the TSX recorded its fourth largest ever closing level.
Gains on the resources heavy TSX likely reflected higher commodity prices, and were made despite news that another high profile tech stock is leaving the index, to go private.
Nuvei NVEI on Monday said it entered into a definitive arrangement agreement to be taken private by Advent International, with the support of each of the company’s holders of multiple voting shares, being Philip Fayer, certain investment funds managed by Novacap…
