TSX Fails To Hold Early Gains, Ends Slightly Down

RTTNews | vor 1007 Tagen

(RTTNews) - The Canadian market ended slightly lower on Thursday, as losses posted by stocks from energy, materials and consumer staples sectors offset a good show by technology, real estate and industrials stocks.

Investors digested the interest rate moves by the Bank of England and the European Central Bank. The BoE and the ECB, both raised their interest rates by 50 basis points and signaled more hikes in the coming months.

The Federal Reserve had raised interest rate by 25 basis points on Wednesday, and indicated more hikes, saying inflation is still at elevated levels.

The benchmark S&P/TSX Composite Index ended down 10.61 points or 0.05% at 20,740.44. The index scaled a low of 20,696.86 and a high of 20,843.21 intraday.

AutoCanada (AC.TO) climbed more than 8%. Shopify Inc (SHOP.TO) rallied nearly 7%. Colliers International (CIGI.TO) surged 4.5%.

TFI International (TFII.TO), goeasy (GSY.TO), Cargojet (CJT.TO), FirstService Corporation (FSV.TO), WSP Global (WSP.TO), BRP Inc (DOO.TO), Kinaxis Inc (KXS.TO), Fairfax Financial Holdings (FFH.TO) and Boyd Group Services (BYD.TO) gained 1.2 to 3.4%.

Canada Goose Holdings (GOOS.TO) plunged nearly 24% after the company reported revenues and earnings that fell short of expectations.

Precision Drilling Corporation (PD.TO), First Quantum Minerals (FM.TO) and Filo Mining (FIL.TO) lost 7.7%, 6/8% and 5.7%, respectively.

Suncor Energy (SU.TO), Agnico Eagle Mines (AEM.TO), Methanex Corporation (MX.TO), Imperial Oil (IMO.TO) and Teck Resources (TECK.A.TO), Canadian Natural Resources (CNQ.TO), Franco-Nevada Corporation (FNV.TO) and George Weston (WN.TO) lost 1 to 4%.

Lightspeed Commerce (LSPD.TO) ended 6% down. The company reported adjusted net loss of $814.8 million for the quarter ended December 2022, compared with adjusted net loss of $65.5 million in the corresponding quarter of the previous financial year. Net loss includes a non-cash goodwill impairment charge of $748.7 million.

On the economic front, the total value of building permits in Canada decreased by a bigger than expected 7.3% from a month earlier to C$ 10.3 billion in December of 2022, data from Statistics Canada showed.

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RTTNews | vor 1Std 42 Minuten

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RTTNews | vor 3Std 46 Minuten

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RTTNews | vor 4Std 29 Minuten

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RTTNews | vor 5Std 46 Minuten

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Canadian stocks may move higher Wednesday morning, tracking firm oil and metal prices. Some bargain hunting is also likely after a sell-off in the previous session pushed the market to a six-week low.

RTTNews | vor 5Std 57 Minuten

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FTSE 100 Recovers After Weak Start, Up Marginally At Noon

The U.K. stock market's benchmark index FTSE 100 was up marginally around noon on Wednesday with investors largely choosing to stay away from riskier assets due to concerns about valuations amid lingering uncertainty about global economic growth.

RTTNews | vor 6Std 56 Minuten

Eurozone Private Sector Expands Most Since Early 2023

The euro area private sector posted its strongest expansion since May 2023, supported by improved demand conditions, final survey data from S&P Global showed on Wednesday. The HCOB final composite output index improved to 52.5 in October from 51.2 in September. This was the highest score since May 2023, indicating a breakout from the generally subdued growth trend seen throughout 2025 so far.

RTTNews | vor 7Std 7 Minuten

EURUSD	1.14822	GBPUSD	1.30424	AUDUSD	0.65062
USDJPY	154.032	USDCAD	1.41137	USDCHF	0.81064