Canadian Market Modestly Higher, Looks Set For Another Positive Close

RTTNews | 798天前
Canadian Market Modestly Higher, Looks Set For Another Positive Close

(RTTNews) - The Canadian market is modestly higher Thursday afternoon, and looks headed to close higher for the fourth consecutive day.

Healthcare, energy, consumer discretionary and financials shares are among the notable gainers.

The benchmark S&P/TSX Composite Index is up 55.02 points or 0.28% at 19,873.87.

On the economic front, a report from the Canadian Federation of Independent Business showed small business sentiment in Canada decreased to 54.10 points in June from 56.40 points in May.

Data from Statistics Canada showed average weekly earnings of non-farm payroll employees in Canada rose to 2.9% year-on-year to $1,194 in April 2023, after a 1.4% advance in the prior month.

Kinaxis (KXS.TO), Precision Drilling Corporation (PD.TO), BRP Inc (DOO.TO), Rogers Communications (RCI.A.TO), Restaurant Brands International (QSR.TO), Cameco Corporation (CCO.TO) and Brookfield Infrastructure (BIPC.TO) are up 1 to 3.2%.

Corus Entertainment Inc. (CJR.B.TO) is gaining more than 2%. The company today reported third-quarter net loss of $495.1 million or $2.48 per share. The company's year-to-date net loss is $479.1 million or $2.40 per share.

Constellation Software (CSU.TO), Shopify Inc (SHOP.TO) and Nutrien (NTR.TO) are among the notable losers.

read more
Asian Markets Track Wall Street Higher

Asian Markets Track Wall Street Higher

Asian stock markets are trading mostly higher on Friday, following the broadly positive cues from Wall Street overnight, as some weaker than expected U.S. private sector job growth in the month of August bolstered bets the US Fed will lower interest rates later this month. The markets are pricing in a September rate cut and anticipating at least two reductions this year.
RTTNews | 18分鐘前
Japanese Market Significantly Higher

Japanese Market Significantly Higher

Extending the gains in the previous session, the Japanese market is significantly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving above the 42,900 level, with gains across most sectors led by index heavyweights, automakers and technology stocks.
RTTNews | 1小時38分鐘前
Rebound Anticipated For Thai Stock Market

Rebound Anticipated For Thai Stock Market

The Thai stock market on Thursday snapped the three-day winning streak in which it had jumped almost 24 points or 2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to bounce higher again on Friday.
RTTNews | 1小時45分鐘前
Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Friday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,850 level, with gains in financial stocks and a mixed performance across most other sectors.
RTTNews | 1小時58分鐘前
Hang Seng Tipped To End Losing Streak

Hang Seng Tipped To End Losing Streak

The Hong Kong stock market has moved lower in three straight sessions, sinking more than 550 points or 2.2 percent in that span. The Hang Seng Index now sits just shy of the 25,060-point plateau although it's due for support on Friday.
RTTNews | 2小時0分鐘前
China Stock Market May Find Traction On Friday

China Stock Market May Find Traction On Friday

The China stock market has moved lower in three straight sessions, dropping more than 110 points or 2.8 percent along the way. The Shanghai Composite Index now sits just above the 3,760-point plateau although it may stop the bleeding on Friday.
RTTNews | 2小時15分鐘前
Higher Open Called For Taiwan Stock Market

Higher Open Called For Taiwan Stock Market

The Taiwan stock market has tracked higher in consecutive trading days, collecting more than 160 points or 0.7 percent along the way. The Taiwan Stock Exchange now sits just beneath the 24,180-point plateau expected to open to the upside again on Friday.
RTTNews | 2小時45分鐘前