TSX passes all-time closing high of 15,073
Canada's benchmark stock index hits highest point since 2008 recession
The Toronto Stock Exchange's benchmark index today traded above its all-time closing high, beating the 15,073 record close in June 2008 before the global recession wiped out almost half of the index's value.
The S&P/TSX composite index hit 15,075.70 in the early afternoon on Monday, a rise of more than 70 points from Friday's close. It closed down at 15,040.43,
It's almost six years to the day since the TSX set its all-time record close of 15,073 on June 18, 2008.
But the index has yet to beat the intraday high, which was set a few days before the closing high, of 15,154 on June 6, 2008.