Equities in Toronto marched positively to the end of the week, led by health-related and resource stocks.
The TSX was positive 64.76 points, to wind up Friday at 20,407.64. During a short week, the index grabbed 172 points, or 0.85%.
Monday, markets in Canada were closed for Civic Holiday.
The Canadian dollar eked up 0.02 cents to 74.37 cents U.S.
Health-care led the parade, with Sienna Senior Living soaring 34 cents, or 3%, to $11.81, while Chartwell Retirement Residences hiked 25 cents, or 2.6%, to $10.00.
Among gold, Wesdome Gold Mines leaped 85 cents, or 12.7%, to $7.55, while OceanaGold acquired seven cents, or 2.5%, to $2.90.
In the materials sector, Canfor spiked 62 cents, or 3.2%, to $20.14, while First Majestic Silver strengthened 35 cents, or 4.3%, to $8.53.
Not faring so well were consumer stocks such as Canadian Tire, hammered $8.91, or 5.4%, to $157.16, while Sleep Country Canada dozed 52 cents, or 2%, to $25.32.
Utilities suffered, too, with Northland Power down $1.63, or 6.7%, to $22.64, while Boralex sank $1.82, or 5.7%, to $29.87.
In tech issues, Coveo Solutions were bruised $1.51, or 4.9%, to $10.00, while Shopify took it on the chin $1.65, or 2.2%, to $74.27.
ON BAYSTREET
The TSX Venture Exchange managed to inch out a gain of 1.48 points to 607.14. On the week, the index pointed downward 8.6 points or 1.4%.
Eight of the 12 TSX subgroups finished the week in the green, with health-care hiking 2%, while gold shone brighter 1.2%, while materials were mightier 0.9%.
The four laggards were weighed most by consumer discretionary stocks, tailing off 1.1%, while utilities faded 0.6%, and information technology was down 0.3%.
ON WALLSTREET
The NASDAQ Composite ended Friday lower and notched its second consecutive losing week in 2023 as semiconductor stocks languished.
The Dow Jones Industrials gained 105.25 points to finish the week at 35,281.40.
The S&P 500 index docked 4.77 points to 4,464.06.
The tech-heavy index fell 76.18 points to 13,644.85, pulled down by a selloff in semiconductor stocks such as Advanced Micro Devices, Nvidia and Micron.
The S&P 500 lost 0.3% on the week, and the NASDAQ sustained a decline of 1.9%. Both suffered their second straight losing week — a first of that length for the technology-heavy NASDAQ since the conclusion of a four-week losing streak in December 2022.
The Dow is an outlier of the three major averages, on track for a 0.6% gain this week.
Elsewhere, Disney rallied on the back of its earnings report released Wednesday. Shares are up more than 3% on the week despite a pullback in Friday’s session. That puts the entertainment giant’s stock on track to see its best week since March.
July’s producer price index rose 0.3% from the previous month.
Prices for the 10-year Treasury faded slightly, raising yields to 4.16% from Thursday’s 4.11%. Treasury prices and yields move in opposite directions.
Oil prices picked up 26 cents to $83.08 U.S. a barrel.
Gold prices declined $3.40 to $1,945.50 U.S. an ounce.