TSX Ends At 2-month High

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(RTTNews) - After a somewhat lackluster session, the Canadian market ended modestly higher on Monday. Amid a lack of triggers, the mood remained cautious right through the day's session.

Gains in technology, real estate and healthcare sectors contributed to market's positive close.

The minutes from the Federal Reserve's latest meeting, due on Tuesday, may provide more clarity about the central bank's interest-rate path.

The benchmark S&P/TSX Composite Index ended up 70.70 points or 0.35% at 20,246.47, a two-month closing high. The index touched a low of 20,262.02 and a high of 20,125.94.

Cargojet Inc. (CJT.TO) climbed nearly 3%. Goeasy (GSY.TO), Fairfax Financial Holdings (FFH.TO), Shopify Inc (SHOP.TO), Colliers International (CIGI.TO), TFI International (TFII.TO), Thomson Reuters (TRI.TO) and FirstService Corporation (FSV.TO) gained 1 to 2%.

Dye & Durham Ltd (DND.TO) and Copperleaf Technologies (CPLF.TO) both climbed nearly 6.5%. Hut 8 Mining (HUT.TO), Coveo Solutions (CVO.TO), Converge Technology (CTS.TO), Quarterhill (QTRH.TO) and Enghouse Systems (ENGH.TO) gained 2.2 to 4.2%. Shopify Inc (SHOP.TO) surged 1.7%.

Realty stocks Altus Group (AIF.TO), Storagevault Canada (SVI.TO), Allied Properties (AP.UN.TO) and Tricon Capital Group (TCN.TO) gained 2 to 3%.

Teck Resources Limited (TECK.A.TO) gained about 1% after the company announced that the Toronto Stock Exchange has accepted the notice filed by the company to establish a normal course issuer bid to purchase class B subordinate voting shares. Following this, Teck may purchase up to 40 million class B shares, representing approximately 7.8% of the outstanding class B Shares, or 7.9% of the public float, as at November 15, 2023.

Canadian Tire Corporation (CTC.TO) dropped 5.7%. SSR Mining Inc (SSRM.TO) ended 3.6% down. Wajax Corporation (WJX.TO), Precision Drilling Corporation (PD.TO) and Premium Brands Holdings (PBH.TO) ended lower by 1.5 to 2%.

Franco-Nevada Corporation (FNV.TO) ended 2% down, after the company lowered its production guidance for the year following the Cobre Panama mine ramping down operations due to protests that have blocked supplies.

Australian Market Sharply Extends Early Losses In Mid-market

The Australian stock market is sharply expending its early losses in mid-market moves on Wednesday, reversing the losses in the previous session, with the benchmark S&P/ASX 200 falling below the 8,950 level, despite the broadly positive cues from Wall Street overnight, as domestic inflation jumped higher-than-expected, with weakness in financial and technology stocks.>

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Asian Markets Trade Mixed

Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and are reluctant to make more significant moves ahead of the U.S. Fed's interest rate decision later in the day and are optimistic about a potential trade deal between the U.S. and China. Asian markets closed mostly lower on Tuesday.

RTTNews | 1घंटे 13 मिनट पहले

Sensex, Nifty Seen Higher On Firm Global Cues

Indian shares look set to open higher on Wednesday, mirroring firm cues from global markets following upbeat news from Nvidia and Microsoft.

RTTNews | 1घंटे 33 मिनट पहले

Thai Shares May See Renewed Support On Wednesday

The Thai stock market on Tuesday ended the five-day winning streak in which it had picked up more than 50 points or 3.9 percent. The Stock Exchange of Thailand now rests just shy of the 1,315-point plateau although it may tick higher again on Wednesday.

RTTNews | 2घंटे 18 मिनट पहले

Japanese Market Significantly Higher

The Japanese stock market is trading significantly higher on Wednesday, reversing the losses in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 50,800 level, with gains in exporters and technology stocks.

RTTNews | 3घंटे 1 मिनट पहले

China Shares Poised To Open In The Green

The China stock market on Tuesday ended the three-day winning streak in which it had collected more than 80 points or 2 percent. The Shanghai Composite Index now sits just shy of the 3,990-point plateau although it may move higher again on Wednesday.

RTTNews | 3घंटे 18 मिनट पहले

Australian Market Modestly Lower

Australian shares are trading modestly lower on Wednesday, reversing some of the losses in the previous session, with the benchmark S&P/ASX 200 falling well below the 9,000 level, despite the broadly positive cues from Wall Street overnight, with weakness in financial and technology stocks.

RTTNews | 3घंटे 25 मिनट पहले

Tech Shares May Boost Taiwan Stock Market

The Taiwan stock market headed south again on Tuesday, one day after snapping the two-day slide in which it had slumped more than 220 points or 0.8 percent. The Taiwan Stock Exchange now sits just shy of the 27,950-point plateau although it may find renewed support on Wednesday.

RTTNews | 3घंटे 48 मिनट पहले

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