TSX Starts New Year On Strong Note

RTTNews | 243日前
TSX Starts New Year On Strong Note

(RTTNews) - The Canadian market ended the first trading session on a strong note, as materials and energy stocks climbed higher on firm metal and crude oil prices on Thursday.

Data showing continued expansion in Canada's manufacturing activity also helped underpin sentiment.

The benchmark S&P/TSX Composite Index, which climbed to 25,003.17 in the session, closed with a gain of 170.09 points or 0.69% at 24,898.03.

Data from S&P Global showed Canada's manufacturing activity continued to expand for a fourth straight month.

The S&P Global Canada Manufacturing PMI rose to 52.2 in December 2024, up from 52 in November and exceeding market estimates of 51.9. This marked the strongest factory activity growth since February 2023.

Hut 8 Corp (HUT.TO) climbed 7.2%. Transcontinental Inc (TCL.B.TO), MAG Silver Corp (MAG.TO), Pan American Silver Corp (PAAS.TO), Eldorado Gold (ELD.TO), Agnico Eagle Mines (AEM.TO), Alamos Gold (AGI.TO) and Lundin Gold (LUG.TO) gained 4 to 6.7%.

Wheaton Precious Metals (WPM.TO), Sprott Inc (SII.TO), Newmont Corporation (NGT.TO), Precision Drilling Corporation (PD.TO) and Franco-Nevada Corporation (FNV.TO) gained 3 to 4%.

Stella-Jones (SJ.TO), Canadian Pacific Kansas City (CP.TO), TC Energy Corporation (TRP.TO), Canadian Tire Corporation (CTC.A.TO), Cameco Corporation (CCO.TO), Premium Brands Holdings (PBH.TO), Imperial Oil (IMO.TO), Shopify Inc (SHOP.TO) and Celestica Inc (CLS.TO) also posted impressive gains.

read more
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Wednesday, adding to the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling well below the 8,900 level, following the broadly negative cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining stocks.
RTTNews | 1時0分前
Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Wednesday, following the negative cues from Wall Street overnight, as traders remain cautious amid renewed uncertainty among various nations trading with the US, many of which have concluded tariff deals, after a US Appeals Court ruled that US President Donald Trump's "reciprocal tariffs" are illegal. Asian markets closed mixed on Tuesday.
RTTNews | 1時3分前
Win Streak May End For Thai Stock Market

Win Streak May End For Thai Stock Market

The Thai stock market has moved higher in back-to-back sessions, adding more than a dozen points or 1 percent in that span. The Stock Exchange of Thailand now sits just shy of the 1,250-point plateau although the rally may stall on Wednesday.
RTTNews | 2時58分前
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is trading modestly lower on Wednesday, reversing the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 42,250 level, with weakness in index heavyweights, financial and technology stocks partially offset by gains in exporter stocks.
RTTNews | 3時22分前
Lower Open Called For Hong Kong Stock Market

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market on Wednesday ended the two-day winning streak in which it had picked up almost 620 points or 2.4 percent. The Hang Seng Index now sits just shy of the 25,500-point plateau and it's expected to open in the red again on Wednesday.
RTTNews | 3時43分前
Australian Market Notably Lower

Australian Market Notably Lower

Australian shares are trading notably lower on Wednesday, adding to the losses in the previous three sessions, with the benchmark S&P/ASX 200 falling well below the 8,900 level, following the broadly negative cues from Wall Street overnight, with weakness in financial and technology stocks partially offset by gains in mining stocks.
RTTNews | 3時44分前