Advertisement
Canadian Market Modestly Higher At Noon
(RTTNews) - The Canadian market is up in positive territory around noon on Wednesday, led by gains in real estate, utilities and healthcare sections.
Stocks from rest of the sectors are turning in a mixed performance.
The market climbed higher in early trades amid optimism surrounding China reopening, and some profit taking at select counters following the severe hammering they had taken last last year.
The benchmark S&P/TSX Composite Index is up 48.79 points or 0.25% at 19,947.65 at noon.
Real estate stocks CDN Apartment (CAR.UN.TO), Colliers International Group (CIGI.TO), Interrent Real Estate Investment Trust (IIP.UN.TO), Artis Real Estate Investment Trust Units (AX.UN.TO) and Killam Apartment (KMP.UN.TO) are up 1.5 to 2.2%.
In the utilities section, Brookfield Renewable Partners (BEP.UN.TO) is gaining more than 2%. Algonquin Power and Utilities Corp (AQN.TO), Boralex (BLX.TO), Transalta Corp (TA.TO), Brookfield Renewable Partners (BIP.UN.TO) and Emera Incorporated (EMA.TO) are up 1.3 to 1.6%.
Healthcare stocks Tilray (TLRY.TO) and Canopy Growth Corp (WEED.TO) are up 4.75% and 2.3%, respectively.
Lithium Americas Corp (LAC.TO), Paramount Resources (POU.TO) and Canada Goose Holdings (GOOS.TO) are up 4.2 to 5%.
West Fraser Timber (WFG.TO), Teck Resources (TECK.B.TO), Cogeco Communications (CCA.TO) and Stantec Inc (STN.TO) are surging 2 to 3%.
Filo Mining Corp (FIL.TO) is plunging more than 10%. Bombardier Inc (BBD.B.TO), Kinaxis Inc (KXS.TO) and Loblaw Companies (L.TO) are also notably lower.
Major European Markets Close On Mixed Note
Positive Start Seen For Canadian Stocks
UK Market Roughly Flat; Mining Stocks Move Higher
CAC 40 Climbs Higher For 3rd Straight Day
Sensex Plunges 765 Points On Tariff Worries; Nifty Ends Below 24,400
DAX Modestly Lower After Four-day Winning Streak
European Shares Mixed As Investors Weigh Trump Tariff Impact
