The S&P/TSX composite index closed slightly up on October 4th, ending the day up 0.07% at 19,034.81. Among the index’s main sectors, utilities saw the biggest increase, rising 2.09%, followed by information technology, which jumped 1.69%. The communication services sector finished the day up 1.38%, while consumer staples and finance rose 0.96% and 0.68%, respectively. On the other hand, the energy sector declined the most, losing 2.85% due to a drop in the price of oil. Crude oil dropped almost six percent on October 4th due to reports of weak gasoline demand and rising oil stockpiles in the US. The top performers on the TSX were Northwest Healthcare Properties Real Estate Investment Trust, StorageVault, and Primo, with one-day changes of 8.16%, 4.28%, and 3.86% respectively. Northwest Healthcare is a real estate investment trust focused on medical office buildings, while StorageVault owns and leases self-storage units. Primo provides bottled water and dispensers to customers in Canada. These stocks have seen fluctuations in their prices throughout the year but have shown some signs of recovery.
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