TSX Ends Flat

RTTNews | 546 days ago

(RTTNews) - The Canadian market ended slightly down on Tuesday after a somewhat lackluster session as investors refrained from making significant moves while awaiting some key economic data.

The benchmark S&P/TSX Composite Index ended down 5.41 points or 0.03% at 21,318.90 after staying in negative territory right through the day's session.

Healthcare, communications and consumer discretionary stocks were among the notable gainers.

Tilray Inc (TLRY.TO) climbed 5.1%, and Bausch Health Companies (BHC.TO) ended higher by about 2.1%.

Communications shares Cogeco Communications (CCA.TO) and Quebecore (QBR.TO) gained 2.05% and 1.77%, respectively.

Consumer discretionary stocks Magna International (MG.TO) and Canada Goose Holdings (GOOS.TO) both gained about 2.85%. Pet Valu Holdings (PET.TO) advanced nearly 2%. Sleep Country Holdings (ZZZ.TO) climbed 1.42%, while Dollarama (DOL.TO) and Linamar Corp (LNR.TO) gained about 1.2% each.

Stelco Holdings (STLC.TO) rallied more than 6%. West Fraser Timber (WFG.TO), Stella-Jones (SJ.TO), Magna International (MG.TO), EQB Inc (EQB.TO), Docebo Inc (DCBO.TO), Onex Corporation (ONEX.TO) and Boyd Group (BYD.TO) gained 2 to 4.3%. Cargojet (CJT.TO) and goeasy (GSY.TO) also ended sharply higher.

Bank of Nova Scotia (BNS.TO) surged 3.2%. The bank reported first quarter net income of $2,199 million compared to $1,758 million in the same period last year. Diluted earnings per share (EPS) were $1.68, compared to $1.35 in the same period a year ago.

Bank of Montreal (BMO.TO) ended down 3.56%. The bank reported first-quarter net income of C$1.29 billion or C$1.73 per share, sharply higher than C$133 million or C$0.14 per share in the prior-year quarter. Excluding items, adjusted net income for the quarter was C$1.89 billion or C$2.56 per share, compared to C$2.16 billion or C$3.06 per share in the year-ago quarter.

GFL Environmental (GFL.TO), Intact Financial Corporation (IFC.TO), Kinaxis Inc (KXS.TO), Sun Life Financial Inc (SLF.TO) and Franco-Nevada Corporation (FNV.TO) lost 1.4 to 3%.

European Economic News Preview: German GfK Consumer Confidence Due

Consumer sentiment survey data from Germany is the top economic news due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, the market research group GfK publishes Germany's monthly consumer confidence survey results. The consumer sentiment indicator is forecast to fall to -22 in September from -21.5 in August.

RTTNews | 26 minutes ago

Australian Market Extends Early Gains In Mid-market

The Australian stock market is extending it early gains in mid-market moves on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains across most sectors led by mining and financial stocks.

RTTNews | 1h 15min ago

Asian Markets Mixed In Cautious Trades

Asian stock markets are trading mixed on Wednesday, following the broadly positive cues from Wall Street overnight, as traders remain cautious and seem reluctant to make significant moves ahead of the release of key US economic data later in the week, including second quarter GDP and the US Fed's preferred readings on consumer price inflation, which could impact the outlook for interest rates.

RTTNews | 1h 19min ago

Mild Upside Seen For Thai Stock Market

The Thai stock market on Tuesday ended the two-day winnings streak in which it had picked up almost 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to move back to the upside again on Wednesday.

RTTNews | 2h 46min ago

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying below the 42,400 level, with a mixed performance across all sectors.

RTTNews | 3h 4min ago

Indonesia Shares May Reverse Tuesday's Losses

The Indonesia stock market headed south again on Tuesday, one day after snapping the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,900-point plateau although it's looking to bounce higher again on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead.

RTTNews | 3h 16min ago

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains in mining and financial stocks.

RTTNews | 3h 22min ago

Hong Kong Shares Expected To Open To The Upside

The Hong Kong stock market on Tuesday ended the two-day winning streak in which it had advanced more than 825 points or 3.4 percent. The Hang Seng Index now rests just above the 25,520-point plateau although it may find renewed support on Wednesday.

RTTNews | 3h 31min ago

EURUSD	1.16128	GBPUSD	1.34481	AUDUSD	0.64858
USDJPY	147.948	USDCAD	1.38433	USDCHF	0.80519