Canadian Market Modestly Higher At Noon; Docebo Soars On Strong Results

RTTNews | 551日前

(RTTNews) - After a flat start and a subsequent fall to lower levels, the Canadian market has recovered and is modestly higher around noon on Friday, led by gains in technology, materials and financials sectors.

The benchmark S&P/TSX Composite Index is up 78.45 points or 0.37% at 21,396.53 at noon.

Technology stock Docebo Inc (DCBO.TO) is soaring 15.7% on strong results. The company reported fourth-quarter net income of $3.2 million, or $0.10 per share, compared to net income of $1.6 million, or $0.05 per share in the year-ago quarter.

Coveo Solutions (CVO.TO) is gaining 3.6%, while Alithya Corp (ALYA.TO), Lightspeed Commerce (LSPD.TO), Softchoice Corp (SFTC.TO), Kinaxis Inc (KXS.TO), Converge Technology Solutions (CTS.TO) and CGI Group Inc (GIB.A.TO) are up 1.5 to 2.3%.

Among materials shares, Hudbay Minerals (HBM.TO) is climbing nearly 7%. Lundin Gold Inc (LUG.TO) is gaining 3%. The company reported fourth quarter 2023 net income of $11.06 million, as against a net loss of $68.3 million in the year-ago quarter.

Ssr Mining Inc (SSRM.TO) is up 4.3%. Agnico Eagle Mines (AEM.TO), New Gold Inc (NGD.TO), Osisko Mining Inc (OSK.TO), Alamos Gold (AGI.TO) and MAG Silver Corp (MAG.TO) are up 2 to 3%.

In the financials sector, CI Financial Corp (CIX.TO) is surging more than 6%, and Nuvei Corp (NVEI.TO) is up 5.5%. EQB Inc (EQB.TO), Fairfax Financial Holdings (FFH.TO) and Sun Life Financial (SLF.TO) are up 1.7% and 1.2%, respectively.

Jamieson Wellness Inc (JWEL.TO) reported a 5.4% jump in adjusted net earnings at $15.0 million in the fourth quarter ended December 2023, as a result of higher revenue and gross profit.The stock is down 3.4%.

Onex Corporation (ONEX.TO) is down 3.5%. The company reported net earnings of $373 million, or $4.81 per diluted share, for the quarter ended December 2023, compared to net earnings of $435 million, or $5.32 per share, in the corresponding quarter of the previous year.

TransAlta Corp (TA.TO) is gaining 6.3%. The company reported net loss of $84 million in the fourth quarter of 2023, significantly down from a net loss of $163 million a year ago.

Sensex Nifty Decline On Tariff Worries

Indian shares opened on a sluggish note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect, impacting trade worth billions of dollars and risking Washington-New Delhi ties.

RTTNews | 49分前

European Economic News Preview: Eurozone Economic Sentiment Data Due

Economic confidence and monetary aggregates from the euro area and flash GDP from Switzerland are the top economic news due on Thursday. At 3.00 am ET, the State Secretariat for Economic Affairs is slated to release Swiss GDP data for the second quarter. The economy is expected to grow 0.1 percent sequentially after rising 0.5 percent in the first quarter.

RTTNews | 50分前

Australian Market Trims Early Losses In Mid-market

The Australian market is trimming early losses in mid-market moves on Thursday, giving up some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,950 level, with weakness in iron ore miners, energy and technology stocks partially offset by gains in financial stocks.

RTTNews | 2時16分前

Asian Markets Trade Mostly Higher

Asian stock markets are mostly higher on Thursday, following the broadly positive cues from Wall Street overnight, as traders remain optimistic the US Fed will cut interest rates at their next meeting in September. They also remain cautious ahead of the release of key US economic data later in the week, including second quarter GDP and the Fed's preferred readings on consumer price inflation.

RTTNews | 2時31分前

Sensex, Nifty Set To Open Lower As New U.S. Tariffs Take Effect

Indian shares may open on a weak note on Thursday after U.S. President Donald Trump's 50 percent tariffs on Indian goods came into effect on Wednesday.

RTTNews | 3時1分前

Swiss Market Settles Modestly Higher

The Switzerland market closed modestly higher on Wednesday after staying firm right through the day's session, thanks to fairly strong buying at several counters. The benchmark SMI closed up by 46.23 points or 0.38% at 12,207.12. The index moved between 12,166.23 and 12,226.36 during the session.

RTTNews | 3時13分前

Japanese Market Notably Higher

The Japanese market is trading notably higher on Thursday after opening in the red, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 42,650 level, with gains in index heavyweights, automakers and financial stocks.

RTTNews | 3時21分前

Thai Bourse May Halt Losing Streak On Thursday

The Thai stock market has moved lower in back-to-back sessions, slipping almost 15 points or 1.2 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,250-point plateau although it may stop the bleeding on Thursday.

RTTNews | 3時30分前

EURUSD	1.16379	GBPUSD	1.35028	AUDUSD	0.65072
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