Bay Street Likely To Open On Mixed Note

RTTNews | 504天前

(RTTNews) - Canadian shares look headed for a mixed start Monday morning, tracking commodity prices, and digesting quarterly updates from U.S. and Canadian companies. With the Federal Reserve's monetary policy announcement due on Wednesday, the mood is likely to remain a bit cautious.

Cargojet (CJT.TO) reported first-quarter adjusted earnings of $31 million, or $1.86 per share, compared to $16.8 million, or $0.97 per share, in the year-ago quarter.

Alimentation Couche-Tard Inc. (ATD.TO) announced today that the Toronto Stock Exchange has approved the renewal of its share repurchase program, authorizing Couche-Tard to repurchase up to 78,083,521 Common Shares, representing 10% of the company's "public float" as at April 18, 2024 . Based on the current share price the completion of the Program in full would represent a total investment of approximately US $4.3 billion or CDN $5.9 billion.

The Canadian market ended modestly higher on Friday, led by gains in materials stocks as gold prices advanced on safe-haven buying.

Investors reacted positively to some upbeat earnings updates from top U.S. companies, including Alphabet and Microsoft, and digested U.S. personal consumption expenditure (PCE) data that showed a larger than expected increase in annual consumer price growth.

The benchmark S&P/TSX Composite Index ended with a gain of 83.86 points or 0.38% at 21,969.24, after moving in a tight range between 21,907.48 and 21,997.95. The index gained about 0.5% in the week.

Asian stocks ended higher in thin trade on Monday, with Japanese markets closed for a holiday.

Traders looked ahead to the Federal Reserve's policy meeting on Wednesday after the central bank's preferred inflation gauge largely met expectations.

European stocks are turning in a mixed performance. Among the major markets, U.K. is outperforming, with real estate stocks faring well after data showed house sales in the country rose for the seventh consecutive month in April thanks to higher demand for smaller homes.

In commodities, West Texas Intermediate Crude oil futures are down slightly at $83.83 a barrel.

Gold futures are up $1.50 at $2,348.70 an ounce, while Silver futures are gaining $0.088 or 0.32% at $27.340 an ounce.

Singapore Bourse May Halt Losing Streak

The Singapore stock market has moved lower in back-to-back sessions, slumping more than 15 points or 0.4 percent along the way. The Straits Times Index now sits just beneath the 4,340-point plateau although it may stop the bleeding on Tuesday.

RTTNews | 28分鐘前

Win Streak May Continue For Japan Stock Market

Ahead on Monday's holiday for Respect For The Aged Day, the Japanese stock market had moved higher in three straight sessions, rallying more than 1,300 points or 2.9 percent in that span. The Nikkei 225 now sits just beneath the 44,770-point plateau and it may add to its winnings again on Tuesday.

RTTNews | 58分鐘前

KOSPI Has Another Positive Lead For Tuesday

The South Korea stock market has moved higher in 10 straight sessions, surging more than 260 points or 8.3 percent along the way. Now at another fresh record closing high, the KOSPI sits just beneath the 3,410-point plateau and it's tipped to open in the green again on Tuesday.

RTTNews | 1小時28分鐘前

South Korea Import, Export Price Data Due On Tuesday

South Korea will on Tuesday see August numbers for import and export prices, highlighting a light day for Asia-Pacific economic activity. In July, import prices were down 5.9 percent on year and export prices fell an annual 4.3 percent.

RTTNews | 2小時28分鐘前

South Korea Export Prices Rise 0.7% In August

Export prices in South Korea were up a seasonally adjusted 0.7 percent on month in August, the Bank of Korea said on Tuesday - after adding 0.8 percent in July.

RTTNews | 2小時58分鐘前

U.S. Dollar Falls Before Fed Decision

The U.S. dollar weakened against its major counterparts in the New York session on Monday, ahead of the Federal Reserve's policy decision on Wednesday.

RTTNews | 3小時6分鐘前

Swiss Market Ends Weak After Choppy Ride

The Switzerland market ended on a weak note on Monday after spending much of the day's session in negative territory, as investors stayed wary of picking up stocks, choosing to wait for some clear directional clues.

RTTNews | 5小時51分鐘前

European Markets Close Mostly Higher Ahead Of Central Bank Policy Meetings

The markets in Europe closed mostly higher on Monday, although the UK market underperformed and settled slightly lower. Investors digested a batch of regional economic data, and looked ahead to the monetary policy announcements from the Federal Reserve, the Bank of England the Bank of Japan due later in the week.

RTTNews | 6小時12分鐘前

EURUSD	1.17612	GBPUSD	1.36007	AUDUSD	0.6668
USDJPY	147.437	USDCAD	1.37758	USDCHF	0.79474