Canadian stocks continued to rise for a second straight session on Thursday as rising crude oil and base metals prices boosted investor sentiment in resource-heavy sectors, while weaker-than-expected retail sales raised hopes of further near-term rate cuts from the Bank of Canada. The S&P/TSX Composite Index rose 203 points, or 0.7%, to close at 30,186, […]
A day after posting their worst single-day performance, Canadian stocks rebounded after the U.S. on Wednesday sanctions over Russia’s two largest oil producers led to a sharp recovery in global crude oil prices. The S&P/TSX composite index rose 94 points, or 0.3%, to close at 29,983. Despite weakness in some healthcare stocks, most other major […]
Canada’s stock market fell sharply on Tuesday, erasing all gains from the previous session, as metal prices fell sharply and investors reacted to better-than-expected consumer inflation data. The S&P/TSX composite index closed down 528 points, or 1.7%, to end at 29,889 – marking the steepest one-day drop in more than six months. While all major […]
Canadian stocks started the new week strong as investors shrugged off early concerns about global trade and macroeconomic uncertainties, fueling a broad-based recovery across most major sectors. As spot gold prices rose above US$4,350 per ounce in intraday trading, the S&P/TSX Composite Index rose 308 points, or 1%, to settle at 30,416. Nearly all major […]
Canadian stocks fell for a second straight session on Friday as sharp declines in crude oil and precious metals prices, coupled with lingering concerns about the US government shutdown and global growth prospects, weighed on investor sentiment. The S&P/TSX composite index fell 350 points, or 1.2%, to settle at 30,108, cutting the benchmark’s weekly gain […]
Canada’s primary benchmark of the stock market, the S&P/TSX Composite Indexhas done wonders this year: it has risen past previous record levels and has risen by more than 21% to hit 30,000 to date. If you have some money on the sidelines, you may feel a mix of excitement and nervousness in October. It is […]
The Canadian shares are higher on Thursday with investors who largely respond to the recent rate reduction, the signals from the Central Bank for further relaxation and expectations of improving economic conditions. The S&P/TSX Composite Index Advanced with 132 points, or 0.4%, to settle on another record of 29,454. Although some discretionary and industrial shares […]
The Canadian shares went aside on Wednesday, even when the Bank of Canada (BOC) and the American Federal Reserve supplied both generally expected 25-Base-Point rate reductions. Despite increasing no less than 150 points in Intraday Trade, the S&P/TSX Composite Index Ended the volatile session with a modest profit of only six points at 29,322. Despite […]
Canadian shares continued to gather on Thursday for the third consecutive session, because the data from the American consumer inflation data does not intend than the trust of American consumers, the trust of investors, where the markets bet that the lecture was not strong enough to delay the cuts on the rate. The S&P/TSX Composite […]
The Canadian shares were higher on Thursday before the seventh consecutive day as gloomy American banengatens renewed expectations that the Federal Reserve can lower the interest rates earlier than before. The S&P/TSX Composite Index With 165 points, or 0.6%, for the day to settle on 28,916 – the last in a series of record highs, […]