TSX Ends On Buoyant Note On Positive Global Cues

RTTNews | 882日前
TSX Ends On Buoyant Note On Positive Global Cues

(RTTNews) - Canadian stocks ended on a buoyant note on Wednesday thanks to sustained buying at several counters right through the day's session.

Firm crude oil prices, a drop in Canadian consumer price inflation, and data showing a significant improvement in U.S. consumer confidence, contributed to the positive sentiment in the market.

The benchmark S&P/TSX Composite Index ended with a gain of 264.21 points or 1.37% at 19,571.10.

Energy, real estate, healthcare, consumer discretionary, materials, utilities shares posted strong gains. Several stocks from industrials and financials sectors too posted impressive gains.

Athabasca Oil Corporation (ATH.TO) climbed 6.2% on huge volumes. Baytex Energy (BTE.TO), Cenovus Energy (CVE.TO), Crescent Point Energy (CPG.TO), Suncor Energy (SU.TO), Canadian Natural Resources (CNQ.TO) and Manulife Financial Corporation (MFC.TO) gained 2 to 4.5% on strong volumes.

Spin Master Corp (TOY.TO) surged 7.5%. Aritzia Inc (ATZ.TO) climbed 6.65% and Precision Drilling Corporation (PD.TO) gained 5.6%.

FirstService Corporation (FSV.TO), Methanex Corporation (MX.TO), Altus Group (AIF.TO), Premium Brands Holdings (PBH.TO), TFI International (TFII.TO), BRP Inc (DOO.TO) and Colliers International (CIGI.TO) gained 2.8 to 5%.

BlackBerry (BB.TO) shares plunged more than 9%. The company reported a net loss of $4 million in the three-month period ended November 30, 2022, as against a net income of $74 million in the corresponding quarter last year.

Data released by Statistics Canada showed Canada's annual inflation rate came in at 6.8% in November of 2022, easing slightly from the 6.9% in the prior month. On a monthly basis, Canadian consumer prices rose by 0.1% in November, slowing from a 0.7% gain in the prior month.

Core inflation rate in Canada held steady at 5.8% in November of 2022, the same as in October. Compared to the previous month, core consumer prices were flat.

read more
Antipodean Currencies Fall, Yen Gains Amid Risk-off Sentiment

Antipodean Currencies Fall, Yen Gains Amid Risk-off Sentiment

The Antipodean currencies such as the Australia and the New Zealand dollars weakened against their major currencies in the Asian session on Thursday on increased risk-off sentiment, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets.
RTTNews | 3時7分前
European Economic News Preview: Eurozone Flash PMI Data Due

European Economic News Preview: Eurozone Flash PMI Data Due

Flash purchasing managers' survey results from the major euro area economies and business sentiment from Germany and France are due on Thursday, headlining a hectic day for the European economic news. At 2.00 am ET, the Office for National Statistics publishes UK public sector finance data for April. The budget deficit is forecast to rise to GBP 18 billion from GBP 16.4 billion in March.
RTTNews | 4時11分前
Yen Rises Against Majors

Yen Rises Against Majors

The Japanese yen strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 4時12分前
NZ Dollar Slides Against Majors

NZ Dollar Slides Against Majors

The New Zealand dollar strengthened against other major currencies in the Asian session on Thursday.
RTTNews | 4時27分前
Sensex, Nifty Tumble On US Fiscal Concerns

Sensex, Nifty Tumble On US Fiscal Concerns

Indian shares were sharply lower on Thursday after Wall Street saw one of its most brutal selling sessions overnight in over a month on concerns about deteriorating U.S. fiscal outlook.
RTTNews | 4時53分前