TSX Today: What to Watch for in Stocks on Tuesday, January 30

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Investors’ expectations from upcoming corporate earnings helped the Canadian equities market start the new week on a positive note, marking its seventh winning day out of the last eight sessions. The S&P/TSX Composite Index climbed up by 75 points, or 0.4%, on Monday to settle at 21,200 — its highest closing level in more than 21 months.

Even as weaker crude oil and natural gas prices drove energy stocks lower, solid gains in most other key market sectors, including healthcare, technology, and real estate, moved the TSX index higher.

Top TSX Composite movers and active stocks

Ballard Power Systems, Seabridge Gold, First Capital Real Estate Investment Trust, and Wesdome Gold Mines were the top-performing TSX stocks, as they inched up by at least 2.9% each.

Shares of Celestica (TSX:CLS) were also among the top performers as they rose 1.5% before its December quarter financial results came out. After the market closing bell on…

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