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TSX Ends Weak For 2nd Straight Day

RTTNews | Před 727 dny

TSX Ends Weak For 2nd Straight Day

(RTTNews) - The Canadian market ended notably lower for a second successive session, as stocks tumbled on Wednesday amid rising concerns about interest rates and the outlook for global economic growth.

The benchmark S&P/TSX Composite Index, which dropped to 19,341.44 around mid afternoon, regained some lost ground subsequently to eventually settle at 19,435.98 with a loss of 120.17 points or 0.61%.

Utilities, materials, communications, real esate, and financials shares lost ground. Energy stocks outperformed thanks to higher crude oil prices.

Brookfield Renewable Partners (BEP.UN.TO) dropped 7.4%. Brookfield Renewable Corporation (BEPC.TO), Newmont Corporation (NGT.TO), Brookfield Infrastructure Corporation (BIPC.TO), Agnico Eagle Mines (AEM.TO), Wheaton Precious Metals (WPM.TO) and Canadian Imperial Bank of Commerce (CM.TO) lost 3 to 6%.

Fairfax Financial Holdings (FFH.TO), Canadian National Railway (CNR.TO), First Service Corporation (FSV.TO), Franco-Nevada Corporation (FNV.TO) and Colliers International (CIGI.TO) also declined sharply.

Bombardier Inc (BBD.B.TO) rallied 5.3%. Methanex Corporation (MX.TO), MEG Energy Corp (MEG.TO), Imperial Oil (IMO.TO), Celestica Inc (CLS.TO) gained 3 to 4%.

Suncor Energy (SU.TO), Precision Drilling Corporation (PD.TO) and Canadian Natural Resources (CNQ.TO) also posted strong gains.

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Renewed Selling Pressure Likely For Japan Stock Market

Renewed Selling Pressure Likely For Japan Stock Market

Ahead of Tuesday's holiday for the Autumnal Equinox, the Japanese stock market had alternated between positive and negative finishes through the previous four trading days, since the end of the four-day winning streak in which it had surged more than 1,430 points or 3.2 percent. The Nikkei 225 now sits just beneath the 45,500-point plateau and it's looking at a soft start on Wednesday.

RTTNews | Před 20 minutami

KOSPI Due For Profit Taking On Wednesday

KOSPI Due For Profit Taking On Wednesday

The South Korea stock market has finished higher in back-to-back sessions, advancing more than 40 points or 1.1 percent along the way. Now at another fresh record closing high, the KOSPI sits just above the 3,485-point plateau although investors are likely to lock in gains on Wednesday.

RTTNews | Před 35 minutami

Consumer Confidence Ebbs In September - BoK

Consumer Confidence Ebbs In September - BoK

Consumer confidence in South Korea dipped in September, the latest survey from the Bank of Korea said on Wednesday with a consumer sentiment index score of 110.1.

RTTNews | Před 53 minutami

U.S. Dollar Weakens Against Some Majors

U.S. Dollar Weakens Against Some Majors

The U.S. dollar fell against some of its major counterparts in the New York session on Tuesday.

RTTNews | Před 1 h 30 min

Japan Manufacturing PMI Data Due On Wednesday

Japan Manufacturing PMI Data Due On Wednesday

Japan will on Wednesday see September results for the manufacturing and services PMIs from Jibun Bank, highlighting a light day for Asia-Pacific economic activity. In August, their scores were 49.7 and 53.1, respectively.

RTTNews | Před 1 h 35 min

OECD Warns Full Effects Of High U.S. Tariffs Yet To Be Felt

OECD Warns Full Effects Of High U.S. Tariffs Yet To Be Felt

The Organisation for Economic Co-operation and Development said in a report on Tuesday that the full impact of the massive hike in trade tariffs announced by the U.S. is yet to be felt though early effects are becoming increasingly evident.

RTTNews | Před 2 h 52 min

TSX Retreats After Sailing Past 30k Mark For First Ever Time

TSX Retreats After Sailing Past 30k Mark For First Ever Time

Canadian benchmark S&P/TSX Composite Index breached the 30k mark for the first ever time, and moved on to a new high Tuesday morning before paring gains and slipping into negative territory, due largely to profit taking.

RTTNews | Před 5 h 18 min

Swiss Market Ends Marginally Down

Swiss Market Ends Marginally Down

The Switzerland market closed on a weak note on Tuesday after a choppy ride as stocks turned in a mixed performance.

RTTNews | Před 5 h 50 min

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