TSX Ends On Firm Note

RTTNews | il y a 1130

(RTTNews) - The Canadian market ended higher on Friday after staying positive right through the day's session, thanks largely to sustained buying at several counters in communications, consumer discretionary and industrials sectors.

The mood was cautious with investors assessing the possible move by the Federal Reserve at its December meeting. A few Fed officials, including St. Louis Federal Reserve President James Bullard have said interest rates need to be raised further in order to tame inflation.

The benchmark S&P/TSX Composite Index ended higher by 96.33 points or 0.48% at 19,980.91. The index shed about 0.6% in the week.

Communications shares BCE Inc (BCE.TO), Rogers Communications (RCI.B.TO) and Corus Entertainment Inc (CJR.B.TO) gained 1.8 to 2.3%.

In the consumer discretionary sector, Gildan Activewear (GIL.TO) climbed 3.5% and Spin Master Corp (TOY.TO) gained 2.4%. Canada Goose Holdings (GOOS.TO), Brp Inc (DOO.TO), Aritzia (ATZ.TO), Mty Food Group (MTY.TO), Dollarama (DOL.TO) and Linamar Corp (LNR.TO) gained 1 to 2%.

Gfi Environmental (GFL.TO), up 3.4%, topped the gainers in the industrials sector. Tfi International (TFII.TO) surged 2.6%, while Mullen Group (MTL.TO) and Thomson Reuters (TRI.TO) gained 2.15% and 2%, respectively.

Among healthcare stocks, Canopy Growth Corp (WEED.TO) plunged more than 9% and Tilray Inc (TLRY.TO) drifted down 4.6%.

On the economic front, data from Statistics Canada showed prices of raw materials in Canada increased 9% year-on-year in October, following an upwardly revised 12.7% jump in September. Month-over-month, the raw materials price index in Canada went up 1.3% to 145.6.

Another data from the same bureau showed producer prices in Canada rose by 2.4% month-over-month in October, the most since March, following a revised flat reading in September. On a yearly basis, producer prices rose by 10.1% after an upwardly revised 9.1% increase in the previous month.

Canadian Dollar Rises Against U.S. Dollar

The Canadian dollar advanced against the U.S. dollar in the New York session on Monday.

RTTNews | il y a 1h 48min

Hong Kong Stock Market Tipped To Open In The Green

The Hong Kong stock market has moved higher in four straight sessions, collecting more than 560 points or 2.2 percent in that span. The Hang Seng Index now sits just above the 25,800-point plateau and it may see additional support on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | il y a 2h 23min

Japanese Market Slightly Higher

The Japanese stock market is trading slightly higher on Tuesday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 50,400 level, with gains in exporters and financial stocks partially offset by weakness in index heavyweights and technology stocks.

RTTNews | il y a 2h 29min

Win Streak May Continue For China Stock Market

The China stock market has moved higher in four straight sessions, advancing more than 90 points or 2.3 percent along the way. The Shanghai Composite Index now sits just beneath the 3,920-point plateau and it has a solid lead for Tuesday's trade. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | il y a 2h 38min

Australian Market Modestly Higher

The Australian stock market is trading modestly higher on Tuesday, adding to the gains in the previous three sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,700 level, with a mixed performance across most sectors ahead of the release of The Reserve Bank of Australia's minutes of the latest monetary policy meeting.

RTTNews | il y a 2h 48min

Higher Open Called For Taiwan Stock Market

The Taiwan stock market has moved higher in back-to-back sessions, collecting more than 680 points or 2.4 percent along the way. The Taiwan Stock Exchange now sits just beneath the 28,150-point plateau and it figures to open to the upside again on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | il y a 3h 8min

Singapore Bourse May Extend Monday's Gains

The Singapore stock market on Monday wrote a finish to the four-day losing streak in which it had slipped more than 20 points or 0.4 percent. The Straits Times Index now sits just above the 4,610-point plateau and it's expected to open to the upside again on Tuesday.

RTTNews | il y a 3h 38min

Malaysia Shares May Open To The Upside Again On Tuesday

The Malaysia stock market has moved higher in three straight sessions, advancing almost 30 points or 1.9 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,670-point plateau and it's expected to open in the green again on Tuesday. The global forecast for the Asian markets is mixed to higher, with gold, oil and technology shares likely to lead the way higher. The European markets were down and the U.S. bourses were up and the Asian markets figure to follow the latter lead.

RTTNews | il y a 4h 8min

EURUSD	1.17754	GBPUSD	1.34828	AUDUSD	0.66676
USDJPY	156.335	USDCAD	1.37368	USDCHF	0.79011