Chargement...

Advertisement

TSX Ends Higher For 3rd Straight Day

RTTNews | il y a 775

TSX Ends Higher For 3rd Straight Day

(RTTNews) - The Canadian market ended on a strong note on Thursday, rising for a third straight session, thanks to sustained buying at several counters from across various sectors.

Concerns about interest rates have eased after data on Wednesday showed U.S. inflation softened in the month of June. Today, the Labor Department's report showed producer prices in the U.S. inched up by slightly less than expected in the month of June, with the index rising by 0.1%. Economists expected producer prices to rise by 0.3%.

Hopes of additional stimulus in China to boost growth in the world's second largest economy contributed as well to the positive mood in the market.

The benchmark S&P/TSX Composite Index ended with a gain of 206.87 points or 1.03% at 20,277.64.

Technology stocks posted impressive gains. The Information Technology Capped Index climbed 3.07%. Hut 8 Mining Corp (HUT.TO) soared 18% and Bitfarms Ltd (BITF.TO) rallied nearly 12%.

Shopify Inc (SHOP.TO) and Docebo Inc (DCBO.TO) gained 6.2% and 3.2%, respectively. Lightspeed Commerce (LSPD.TO), Constellation Software (CSU.TO), Converge Technology Solutions (CTS.TO), Celestica Inc (CLS.TO), Softchoice Corp (SFTC.TO) and Open Text Corp (OTEX.TO) advanced 2 to 3%. CGI Inc (GIB.A.TO) also ended notably higher.

Among financials shares, Nuvei Corp (NVEI.TO) climbed 5.3%. Canadian Imperial Bank of Commerce (CM.TO), Toronto-Dominion Bank (TD.TO), Bank of Nova Scotia (BNS.TO), Manulife Financial (MFC.TO), Goeasy (GSY.TO) and Royal Bank of Canada (RY.TO) gained 1 to 2%.

Utilities shares Algonquin Power and Utilities (AQN.TO), Innergex Renewable Energy (INE.TO), Altagas (ALA.TO), Hydro One (H.TO), Transalta Corp (TA.TO) and Emera Inc (EMA.TO) gained 1 to 3%.

Corus Entertainment Inc. (CJR.B.TO) shares soared nearly 20% after the company said its subsidiary, Nelvana Limited, has entered into a definitive agreement under which Integrated Media Company, a TPG platform, will acquire Nelvana's subsidiary, Toon Boom Animation Inc. for approximately C$147.5 million in cash.

Canadian Tire Corporation (CTC.TO) climbed nearly 8%. Precision Drilling Corporation (PD.TO) and Nutrien (NTR.TO) also ended sharply higher.

read more

U.S. Consumer Confidence Index Edges Lower In August

U.S. Consumer Confidence Index Edges Lower In August

A report released by the Conference Board on Tuesday showing a modest deterioration by consumer confidence in the U.S. in the month of August. The Conference Board said its consumer confidence index dipped to 97.4 in August from an upwardly revised 98.7 in July.

RTTNews | il y a 3h 22min

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

U.S. Durable Goods Orders Slump 2.8% In July, Much Less Than Expected

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July. The Commerce Department said durable goods orders slumped by 2.8 percent in July after plummeting by a revised 9.4 percent in June.

RTTNews | il y a 3h 33min

Bay Street May Open On Weak Note

Bay Street May Open On Weak Note

Canadian shares look headed for negative start on Tuesday, weighed down by weak oil prices, and concerns about global trade after U.S. President Donald Trump threatened 200% tariffs on China if Beijing does not export rare-earth magnets to the U.S.

RTTNews | il y a 4h 52min

U.S. Durable Goods Orders Tumble Less Than Expected In July

U.S. Durable Goods Orders Tumble Less Than Expected In July

Reflecting a continued plunge by orders for transportation equipment, the Commerce Department released a report on Tuesday showing a steep drop by new orders for U.S. manufactured durable goods in the month of July.

RTTNews | il y a 4h 57min

FTSE 100 Modestly Lower

FTSE 100 Modestly Lower

After posting gains in the previous five sessions, the U.K. market is exhibiting weakness on Tuesday, weighed down by losses in financials and retail sectors.

RTTNews | il y a 5h 19min

CAC Down Sharply On Widespread Selling

CAC Down Sharply On Widespread Selling

French stocks are down sharply on Tuesday, extending previous session's steep drop, amid ongoing political uncertainty in the country.

RTTNews | il y a 5h 44min

DAX Extending Recent Weakness

DAX Extending Recent Weakness

German stocks are down in negative territory on Tuesday, extending losses from the previous session, due to geopolitical concerns and uncertainty about tariffs.

RTTNews | il y a 7h 7min

Sensex, Nifty Tumble On Tariff Worries

Sensex, Nifty Tumble On Tariff Worries

Indian shares tumbled on Tuesday after the Trump administration officially issued a notice regarding the imposition of an additional 25 percent tariffs on Indian imports, with the punitive duties set to kick in at 12:01 am (EST) on August 27.

RTTNews | il y a 7h 12min

Conditions | Privacité | Carte du site | Site Map Calendar

&copier; 2025 Myfxbook Ltd. Tous droits réservés.

AVERTISSEMENT SUR LE RISQUE ÉLEVÉ : Le trading de devises comporte un niveau de risque élevé qui peut ne pas convenir à tous les investisseurs. Leffet de levier crée un risque supplémentaire et une exposition aux pertes. Avant de décider de négocier des devises, examinez attentivement vos objectifs dinvestissement, votre niveau dexpérience et votre tolérance au risque. Vous pourriez perdre une partie ou la totalité de votre investissement initial. Ninvestissez pas largent que vous ne pouvez pas vous permettre de perdre. Renseignez-vous sur les risques associés au trading de devises et demandez conseil à un conseiller financier ou fiscal indépendant si vous avez des questions. Toutes les données et informations sont fournies "en létat", uniquement à titre dinformation, et ne sont pas destinées à des fins de trading ou de recommandation. Les performances passées ne sont pas indicatives des résultats futurs.