The S&P/TSX Composite Index fell more than 0.5% on Wednesday from a record close in the previous session, after Shopify announced doubling sales for the third quarter in a raw but warned it would be unable to maintain that growth this year. Meantime, oil prices steadied after Saudi Arabia announced plans to reverse production cuts.
Historically, the Canada S&P/TSX Toronto Stock Market Index reached an all time high of 18579.68 in February of 2021. Canada S&P/TSX Toronto Stock Market Index - data, forecasts, historical chart - was last updated on February of 2021.
The Canada S&P/TSX Toronto Stock Market Index is expected to trade at 18280.05 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 17656.85 in 12 months time.