TSX Ends On Firm Note

RTTNews | 724日前

(RTTNews) - The Canadian market ended on a firm note on Friday, lifted by strong gains in energy, technology and materials shares.

A few stocks from healthcare and industrials sectors also posted notable gains.

The mood remained positive amid easing fears of a U.S. recession this year, and on hopes the Fed tightening cycle will end soon.

The benchmark S&P/TSX Composite Index ended with a gain of 133.90 points or 0.66% at 20,519.37. The index posted a marginal 0.1% decline for the week.

Data from Statistics Canada showed the Canadian economy grew 0.3% in May. Meanwhile, preliminary estimates show the economy may have contracted by 0.2% in June.

Healthcare stocks Tilray Inc (TLRY.TO), Bausch Health Companies (BHC.TO) and Chartwell Retirement (CSH.UN.TO) gained 7.1%, 2.5% and 1.7%, respectively.

In the technology sector, Celestica Inc (CLS.TO) soared 15.15% after reporting adjusted net earnings per share of $0.55 for the second quarter, compared to $0.44 in the year-ago quarte. The company also raised its earnings guidance for the year.

Shopify Inc (SHOP.TO), Blackberry (BB.TO), Coveo Solutions (CVO.TO), Lightspeed Commerce (LSPD.TO), Open Text Corporation (OTEX.TO) and Constellation Software (CSU.TO) gained 1.3 to 3.3%.

Among energy stocks, Baytex Energy (BTE.TO) gained more than 9% on strong second-quarter earnings.

Paramount Resources (POU.TO), Secure Energy (SES.TO), Nuvista Energy (NVA.TO) and Precision Drilling Corp (PD.TO) gained 4.3 to 5.7%.

Osisko Mining Inc (OSK.TO), up nearly 7.5%, was the top gainer in the Materials index. Methanex (MX.TO), Equinox Gold Corp (EQX.TO), Silvercrest Metals (SIL.TO), Teck Resources (TECK.B.TO), Wesdome Gold Mines (WDO.TO) and Alamos Gold (AGI.TO) gained 3 to 4.5%.

In the industrials secctor, Toromont Industries (TIH.TO), Ballard Power Systems (BLDP.TO), Finning International (FTT.TO), Bombardier Inc (BBD.B.TO), Canadian National Railway (CNR.TO), Air Canada (AC.TO) and Tfi International (TFII.TO) posted strong gains.

Australian Market Trims Early Gains In Mid-market

The Australian stock market is trimming its early gains in mid-market trading on Tuesday, reversing some of the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,700 level, with gains in mining and energy stocks nearly offset by weakness in financial and technology stocks.

RTTNews | 1時3分前

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Tuesday, following the mixed cues from Wall Street overnight, amid continued uncertainty over U.S. President Donald Trump's reciprocal tariffs on imports from trading partners, though he set a deadline of August 1 to reach deals. Reports suggest that EU leaders are preparing for a showdown over U.S. tariff threats.

RTTNews | 1時6分前

Sensex, Nifty Seen Tad Higher At Open

Indian shares are seen opening a tad higher on Tuesday after key Wall Street benchmarks hit record highs overnight.

RTTNews | 1時48分前

Thai Stock Market May Run Out Of Steam On Tuesday

The Thai stock market has tracked higher in three straight sessions, advancing more than 50 points or 4.1 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,210-point plateau although investors may lock in gains on Tuesday.

RTTNews | 2時17分前

Japanese Market Modestly Higher

The Japanese stock market is trading modestly higher on Tuesday, reversing the losses in the previous session, following the mixed cues from Wall Street overnight, with the Nikkei 225 moving above the 39,900 level, with gains across most sectors led by financial and technology stocks.

RTTNews | 2時40分前

Profit Taking Expected For Indonesia Bourse

The Indonesia stock market has moved higher in 11 straight sessions, gathering more than 530 points or 7.5 percent along the way. The Jakarta Composite Index now sits just beneath the 7,400-point plateau although it's overdue for consolidation on Tuesday.

RTTNews | 2時47分前

Hong Kong Shares Tipped To Open In The Red On Tuesday

The Hong Kong stock market has moved higher in back-to-back sessions, gathering almost 600 points or 2.4 percent in that span. The Hang Seng Index now sits just beneath the 25,000-point plateau although it may be stuck in neutral on Tuesday.

RTTNews | 3時2分前

Australian Market Slightly Higher

The Australian stock market is trading slightly higher on Tuesday, reversing some of the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,700 level, with gains in mining and energy stocks nearly offset by weakness in financial and technology stocks.

RTTNews | 3時2分前

EURUSD	1.16916	GBPUSD	1.34795	AUDUSD	0.65229
USDJPY	147.567	USDCAD	1.36856	USDCHF	0.79791

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TSX Ends On Firm Note