November 28, 2025

TXPR closed at 689.10, up 0.55% on the day, doubtless helped by the TRP.PR.G redemption money. Volume today was 1.13-million, near the median of the past 21 trading days.

CPD closed at 13.67, up 0.37% on the day. Volume was 24,480, third-lowest of the past 21 trading days.

ZPR closed at 12.06, up 0.33% on the day. Volume was 28,870, lowest of the past 21 trading days.

Five-year Canada yields were steady at 2.73%.

Equity markets were good but quiet:

U.S. stocks climbed on Friday in thin trading volume during a shortened session after Thanksgiving, driven by gains in retail and a recovery in tech stocks.

Expectations for a Federal Reserve rate cut in December strengthened throughout the week, helping underpin sentiment across equity markets.

The Dow Jones Industrial Average rose 0.61 per cent, to 47,716.42 points, the S&P 500 gained 0.54 per cent, to 6,849.09 points and the Nasdaq Composite added 0.65 per cent, to 23,365.69.

All of the major S&P 500 sectors were up except healthcare, with pharmaceutical Eli Lilly down 2.6 per cent.

Intel helped lead the S&P 500 with a 10.2 per cent gain after a TF International Securities analyst said the company would begin shipping Apple’s lowest-end M processor as early as 2027.

The three main indexes posted weekly gains. The S&P 500 rose 3.73 per cent, the Nasdaq gained 4.91 per cent, and the Dow climbed 3.18 per cent. The S&P and the Dow swung to marginally positive for the month after Friday’s prices settled.

But the Nasdaq closed down 1.51 per cent this month, reflecting growing concerns about stretched AI and tech valuations, with investors taking profits and reducing exposure.