Canadian Stocks Turning In Mixed Performance

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(RTTNews) - The Canadian market is down in negative territory Friday afternoon, weighed down by losses in technology and financials sectors.

Shares from utilities and industrials are finding some support. Shares from the rest of the sectors are turning in a mixed performance.

The benchmark S&P/TSX Composite Index, which climbed to 20,492.07 earlier in the session, is down 44.16 points or 0.22% at 20,373.45.

Technology stock Converge Technology Solutions (CTS.TO) is down more than 8%. Coveo Solutions (CVO.TO), Constellation Software (CSU.TO), Shopify Inc (SHOP.TO) and BlackBerry (BB.TO) are down 2 to 3%.

Softchoice Corp (SFTC.TO) is down by about 2.8%. The company reported adjusted net income of $7.1 million in the first quarter of 2023, compared with $4.6 million in the first quarter of 2022.

In the financials sector, CI Financial Corp (CIX.TO) is plunging nearly 19%. Manulife Financial (MFC.TO) is declining 2%. Onex Corp (ONEX.TO) is down 3% after reporting net loss of $232 million for the quarter ended March 2023, compared with net income of $164 million in the year-ago quarter.

Crescent Point Energy Corp. (CPG.TO) is down marginally. The company reported Friday that net income for the first quarter plunged to C$216.7 million or C$0.39 per share from C$1.18 billion or C$2.03 per share in the prior-year quarter.

Shawcor (SCL.TO) is up 10%. The company reported net income of $25.23 million for the first quarter of 2023, compared with net loss of $6.9 million in the year-ago quarter.

Park Lawn Corporation (PLC.TO) is up 9.5%, after reporting net earnings of $4.58 million for the first quarter of 2023, compared to $8.7 million.

Emera Inc. (EMA.TO) is gaining 1.3%. The company reported first quarter net income of $560 million, up $198 million, compared with net income of $362 million in the first quarter of 2022.

Stelco Holdings (STLC.TO), Brookfield Infrastructure Corporation (BIPC.TO), Canadian Pacific Kansas City (CP.TO), Teck Resources (TECK.A.TO), Franco-Nevada Corporation (FNV.TO), Toromont Industries (TIH.TO) and TFI International (TFII.TO) are up 1 to 3%.

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market trading on Tuesday, giving up 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 8,950 level, with weakness in iron ore miners and a mixed performance across most other sectors.

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Asian Markets Track Wall Street Lower

Asian stock markets are trading mostly lower on Tuesday, following the broadly negative cues from Wall Street overnight, as traders looked to cash in on the recent strong gains and remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation. Asian markets closed mostly higher on Monday.

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Sensex, Nifty Seen Lower As US Notifies India Of Additional Tariffs

Indian shares may open on a weak note on Tuesday as enthusiasm over potential Federal Reserve rate cuts faded and caution set in ahead of the release of crucial U.S. inflation data as well as Nvidia quarterly results.

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Lower Open Called For Thai Stock Market

The Thai stock market has finished higher in two straight sessions, collecting almost 20 points or 1.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,260-point plateau although it figures to open in the red on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

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Japanese Market Significantly Lower

The Japanese stock market is trading significantly lower on Tuesday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight, with the Nikkei 225 falling below the 42,400 level, with weakness across most sectors led by index heavyweights, exporters and financial stocks.

RTTNews | il y a 3h 7min

Indonesia Bourse May Hand Back Monday's Gains

The Indonesia stock market on Monday wrote a finish to the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,925-point plateau although it's looking at a soft start on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | il y a 3h 9min

Hong Kong Shares May Be Stuck In Neutral On Tuesday

The Hong Kong stock market has moved higher in two straight sessions, improving more than 825 points or 3.4 percent along the way. The Hang Seng Index now rests just beneath the 25,830-point plateau although it may open under pressure on Tuesday. The global forecast for the Asian markets is soft, with profit-taking likely on the menu. The European markets were mixed and the U.S. bourses were down and the Asian markets are also expected to open under water.

RTTNews | il y a 3h 24min

Australian Market Modestly Lower

The Australian stock market is trading modestly lower on Tuesday, recouping the slight gains in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,950 level, with weakness in iron ore miners, financial and technology stocks partially offset by gains gold miners.

RTTNews | il y a 3h 27min

EURUSD	1.1631	GBPUSD	1.34576	AUDUSD	0.64787
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