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TSX Ends Modestly Higher After Cautious Session

RTTNews | Před 818 dny

TSX Ends Modestly Higher After Cautious Session

(RTTNews) - Canadian stocks moved in a very tight range after opening slightly up Monday morning, and ended the day's session modestly higher, led by gains in energy and healthcare sections.

News about U.S. President Joe Biden and Congressional Republican McCarthy agreeing on a debt ceiling deal on Saturday to avert a fast-approaching default in early June aided sentiment.

However, worries about inflation and prospects of further interest rate hikes limited market's upside.

The benchmark S&P/TSX Composite Index ended with a gain of 47.64 points or 0.24% at 19,967.95. The index touched a low of 19,929.01 and a high of 19,991.89.

Energy stocks Athabasca Oi Corp (ATH.TO) and Headwater Exploration (HWX.TO) both gained more than 2%. Crescent Point Energy (CPG.TO), Paramount Resources (POU.TO), Topaz Energy (TPZ.TO), Suncor Energy (SU.TO) and Vermilion Energy (VET.TO) gained 1 to 1.8%.

Healthcare stocks Canopy Growth Corp (WEED.TO) and Bausch Health Companies (BHC.TO) gained 2.5% and 1.45%, respectively. Tilray Inc (TLRY.TO) advanced 0.8%.

In the financials section, CDN Western Bank (CWB.TO) surged 5.52%. Onex Corp (ONEX.TO) climbed nearly 2%, Laurentian Bank (LB.TO) gained 1.6% and Toronto-Dominion Bank (TD.TO) ended higher by 1.1%.

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Singapore Stock Market May See Additional Support On Monday

Singapore Stock Market May See Additional Support On Monday

The Singapore stock market has climbed higher in four straight sessions, improving more than 65 points or 1.5 percent along the way. The Straits Times Index now sits just above the 4,250-point plateau and it's got a strong lead again for Monday's trade.

RTTNews | Před 31 minutami

Malaysia Stock Market Likely To Crack Resistance At 1,600 Points

Malaysia Stock Market Likely To Crack Resistance At 1,600 Points

The Malaysia stock market has moved higher in two straight sessions, collecting almost 10 points or 0.7 percent along the way. The Kuala Lumpur Composite Index now sits just shy of the 1,600-point plateau and it's expected to open to the upside again on Monday.

RTTNews | Před 1 h 1 min

Japan Stock Market May Extend Friday's Gains

Japan Stock Market May Extend Friday's Gains

The Japan stock market on Friday halted the three-day losing streak in which it had stumbled more than 1,100 points or 2.7 percent. The Nikkei 225 now rests just above the 42,630-point plateau and it's expected to see additional support on Monday.

RTTNews | Před 1 h 18 min

South Korea Bourse May Challenge 3,200-Point Mark

South Korea Bourse May Challenge 3,200-Point Mark

The South Korea stock market has tracked higher in back-to-back sessions, collecting almost 40 points or 1.3 percent along the way. The KOSPI now sits just shy of the 3,170-point plateau and it's tipped to open in the green again on Monday.

RTTNews | Před 1 h 21 min

New Zealand Retail Sales Climb 0.5% In Q2

New Zealand Retail Sales Climb 0.5% In Q2

The total volume of retail sales in New Zealand was up a seasonally adjusted 0.5 percent on quarter in the second quarter of 2025, Statistics New Zealand said on Monday - coming in at NZ$25 billion.

RTTNews | Před 1 h 38 min

New Zealand Retail Sales Data Due On Monday

New Zealand Retail Sales Data Due On Monday

New Zealand will on Monday release Q2 numbers for retail sales, highlighting a light day for Asia-Pacific economic activity. Sales are expected to add 0.1 percent on quarter, easing from 0.8 percent in the three months prior.

RTTNews | Před 2 h 31 min

U.S. Dollar Drops After Powell's Speech

U.S. Dollar Drops After Powell's Speech

The U.S. dollar weakened against its major counterparts in the New York session on Friday, as Federal Reserve Chair Jerome Powell hinted at a potential rate cut next month.

RTTNews | Před 2 dny

TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes

TSX Hits New Record High As Stocks Rally On Fed Rate Cut Hopes

The Canadian market is up firmly in positive territory a little past noon on Friday, with stocks from across several sectors moving higher on strong buying support amid rising hopes of an interest rate cut by the Federal Reserve in September.

RTTNews | Před 2 dny

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