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S&P/TSX Composite Index (TSX.I) & Copper Continuous Contract (HG.F)

Equities and commodities continue to climb, driven by a combination of continuing easy money from central back asset purchases, a new fiscal stimulus package working its way through Congress in the US, combined with continuing vaccine rollouts and falling case counts. In this week’s issue of Equity Leaders Weekly, we look at the S&P/TSX Composite Index and the copper price as examples of recent gains in equity and commodity markets.

Enerplus Corp. (ERF.TO)

Since November, Enerplus (ERF.TO) has been steadily climbing up the rankings in the SIA S&P/TSX Composite Index Report, rising from deep in the red zone and returning to the Green Favored Zone this week. The shares have climbed 49 spots in the last week including 13 yesterday to 12th place.

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