TSX Today: What to Watch for in Stocks on Thursday, August 22

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The Canadian stock market resumed its upward move on Wednesday after a day of pause as the Fed’s latest meeting minutes showed the majority of committee members observed that “it would likely be appropriate to ease policy at the next meeting” if the data continues to be favourable. The S&P/TSX Composite Index advanced by 84 points, or 0.4%, for the day to 23,122, rising for the ninth day out of the last 10 days and closing at a fresh all-time high.

Even though weakness in crude oil and natural gas prices continued to drive energy stocks downward for the fourth straight day, handsome gains in other key TSX sectors, including real estate, technology, and mining, helped the market benchmark inch up.

Top TSX Composite movers and active stocks

Calibre Mining, NorthWest Healthcare Properties REIT, Equinox Gold, and Capstone Copper were the top-performing TSX stocks yesterday, with each climbing by at least 4.7%.

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