Canada’s main stock index fell for the second session in a row on Tuesday, with the benchmark S&P/TSX finishing below the 19,100 level dragged by a massive selloff in the healthcare and industrials sectors. In the absence of significant fundamental drivers, concerns over a highly transmissible COVID-19 variant in the community prompted some profit-taking from investors. Canadian National Railway Co was among the biggest laggards on the TSX after the company trumped a rival bid by Canadian Pacific to buy Kansas City Southern.
Historically, the Canada S&P/TSX Toronto Stock Market Index reached an all time high of 19380.68 in April of 2021. Canada S&P/TSX Toronto Stock Market Index - data, forecasts, historical chart - was last updated on April of 2021.
The Canada S&P/TSX Toronto Stock Market Index is expected to trade at 18983.57 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 18336.38 in 12 months time.