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TSX Surges to New Heights, Extending Winning Streak to Nine Days

The Toronto Stock Exchange (TSX) continues its impressive rally, closing at yet another record high as its winning streak stretches to nine consecutive trading days. The benchmark S&P/TSX Composite Index  rose 0.3% , adding 74.4 points  to settle at 25,971.9 .  This latest surge marks a 2.4% weekly gain , reinforcing investor optimism amid strong performances across multiple sectors. Healthcare led the charge with a 1.2% increase , while Basic Materials saw a slight dip of 0.2% .  Market analysts attribute the sustained momentum to robust corporate earnings, stable commodity prices, and easing trade tensions . With 74% of TSX-listed stocks closing higher , the bullish sentiment remains strong, fueling expectations for continued growth in the coming weeks.  Investors will be watching closely to see if the TSX can maintain its upward trajectory and extend its streak into double digits.
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Escalating Protests in Bangladesh Result in Over 20 Deaths and Hundreds Injured

 

The unrest started in July when students called for an end to a quota system that reserved 30% of government jobs for relatives of veterans. The situation escalated into widespread violence, prompting authorities to close schools and universities, block internet access, and impose a shoot-on-sight curfew. Despite these measures, the protests have continued, with demonstrators urging non-cooperation by not paying taxes or utility bills and not showing up for work.

In Dhaka, the capital city, protesters attacked Bangabandhu Sheikh Mujib Medical University, torching several vehicles. Police responded with tear gas to disperse crowds blocking major highways. The violence has spread to multiple districts, with reports of crude bombs being detonated and gunshots heard.

The ongoing clashes have resulted in significant casualties and widespread disruption, highlighting the deepening political crisis in Bangladesh.


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