Business
Canadian Stock Index Climbs 147 Points Amid Energy Sector Gains
The S&P/TSX composite index rose by 147.20 points on September 15, 2025, closing at 29,431.02 as energy stocks contributed significantly to the overall gain. This uptick occurred alongside a positive performance in U.S. markets, with major indices reaching new highs.
In the United States, the Dow Jones Industrial Average increased by 49.23 points to reach 45,883.45. The S&P 500 index followed suit, climbing 30.99 points to a value of 6,615.28, while the Nasdaq composite experienced a robust increase of 207.65 points, closing at 22,348.75.
The Canadian dollar strengthened against its U.S. counterpart, trading at 72.44 cents compared to 72.21 cents on the previous Friday. This slight increase reflects broader market trends and confidence in the Canadian economy.
In commodities, the price of crude oil saw a notable rise, with the October contract up by 61 cents, settling at US$63.30 per barrel. Similarly, the December gold contract increased by US$32.60, reaching US$3,719.00 an ounce. These shifts indicate ongoing fluctuations in global markets, influenced by various economic factors.
The report was published by The Canadian Press, highlighting the significant movements in the stock market and commodities on this date. As investors continue to navigate the evolving landscape, the energy sector’s performance remains a key driver of the Canadian market’s stability and growth.
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