Canadian Market Down In Negative Territory, Set For Another Weak Close

RTTNews | vor 1012 Tagen

(RTTNews) - The Canadian market is down in negative territory in late afternoon trades on Thursday, weighed down by losses in healthcare, communications and materials sectors.

The benchmark S&P/TSX Composite Index is down 80.01 points or 0.39% at 20,599.53, after having climbed to 20,821.66 earlier in the session.

Canopy Growth Corp (WEED.TO) is down more than 16%. The company said its net loss in the third quarter of fiscal 2023 was $267 million, which is a $151 million increase compared with the net loss in the year-ago quarter.

Tilray Inc (TLRY.TO), Bausch Health Companies (BHC.TO) and Cronos Group Inc (CRON.TO) are down 4.7%, 3.6% and 2.5%, respectively.

Communications stock Telus Corp (T.TO) is down 3.4%. Telus reported adjusted net income of C$333 million for the quarter ended December 2022, compare with adjusted net income of C$331 million a year ago.

Materials shares Equinox Gold Corp (EQX.TO), Oceanagold (OGC.TO), Lundin Mining Corp (LUN.TO), B2Gold Corp (BTO.TO), K92 Mining Inc (KNT.TO), Barrick Gold Corp (ABX.TO) and Seabridge Gold Inc (SEA.TO) are down 3 to 5%.

Thomson Reuters (TRI.TO) is down 2.5% after reporting diluted earnings per share of $0.59 for the fourth quarter of 2022, as against net loss of $0.36 per share in the year-ago quarter.

Cameco Corporation (CCO.TO) is rising 5.4%. The company reported adjusted net earnings of $36 million for the fourth quarter of 2022, up from $23 million in the year-ago quarter.

Colliers International Group Inc (CIGI.TO) is rising more than 7% after reporting adjusted EPS of $2.31 for the three months ended December 31, 2022, compared with adjusted EPS of $2.25 for the three months ended December 31, 2021.

Bombardier Inc (BBD.A.TO) is down 10%. The company reported net income of $241 million for the quarter ended December 2022, compared with net income of $239 million in the year-ago quarter.

Australian Market Extends Early Sharp Losses In Mid-market

The Australian stock market is extending its early sharp losses in mid-market trading on Tuesday, reversing the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near 8,500 level, with weakness across most sectors led by mining and technology stocks.

RTTNews | vor 1Std 9 Minuten

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Tuesday, following the broadly negative cues from Wall Street overnight, amid ongoing concerns about the market valuation, especially among technology shares, and the diminishing prospects of an interest rate cut by the US Fed next month. The US dollar also strengthened against major currencies in the region. Asian markets closed mixed on Monday.

RTTNews | vor 1Std 33 Minuten

Indian Shares Set To Follow Global Peers Lower

Indian shares look set to open on a sluggish note Tuesday as concerns prevail over tech valuations and the outlook for U.S. interest rates.

RTTNews | vor 2Std 4 Minuten

Thai Shares May Head South Again On Tuesday

The Thai stock market has finished higher in two of three trading days since the end of the two-day slide in which it had given up more than 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,280-point plateau although it may hand back those gains on Tuesday.

RTTNews | vor 2Std 46 Minuten

Renewed Consolidation Expected For Indonesia Shares

The Indonesia stock market on Monday ended the two-day slide in which it had slipped almost 20 points or 0.3 percent. The Jakarta Composite Index now sits just above the 8,410-point plateau although it's expected to open under water again on Tuesday.

RTTNews | vor 3Std 16 Minuten

Japanese Market Sharply Lower; Down 2%

The Japanese stock market is trading sharply lower on Tuesday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is tumbling more than 2 percent to well below the 49,200 level, with weakness across all sectors led by exporters and technology stocks.

RTTNews | vor 3Std 23 Minuten

No Help Yet For Hong Kong Stock Market

The Hong Kong stock market has finished lower in consecutive trading days, slumping almost 690 points or 2.6 percent along the way. The Hang Seng Index now rests just above the 26,380-point plateau and it's expected to see continued consolidation on Tuesday.

RTTNews | vor 3Std 31 Minuten

Australian Market Notably Lower

The Australian stock market is trading notably lower on Tuesday, reversing the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,600 level, with weakness across most sectors led by mining and technology stocks.

RTTNews | vor 3Std 44 Minuten

EURUSD	1.15929	GBPUSD	1.31512	AUDUSD	0.64826
USDJPY	155.174	USDCAD	1.40523	USDCHF	0.79541