Bay Street Likely To Open On Mixed Note

RTTNews | 770 일 전
Bay Street Likely To Open On Mixed Note

(RTTNews) - Canadian shares are likely to see a mixed start on Thursday, with investors reacting to updates from big-name U.S. companies Netflix and Tesla, and tracking commodity prices.

In Canadian earnings news, Mullen Group Ltd. (MTL.TO) reported second-quarter adjusted net earnings of $34.7 million, or $0.41 per share, compared with adjusted net earnings of $44.1 million, or $0.46 per share in the second-quarter of the previous year.

The Canadian marked ended on a firm note on Wednesday, extending recent gains, as soft Euro area and UK inflation data aided sentiment. Rising expectations that the Federal Reserve will end its tightening cycle sometime soon contributed as well to the positive mood in the market.

The benchmark S&P/TSX Composite Index ended with a gain of 114.60 points or 0.56% at 20,491.17.

Asian stocks closed broadly lower on Thursday amid disappointment over weak tech earnings in the U.S., and on anxiety ahead of earnings report by chip maker TSMC.

The major European markets are up in positive territory Thursday afternoon, led by gains in materials and healthcare sectors. Easing concerns about interest rates after data showing consumer prices cooling down in several countries in the U.S. and the U.K., appear to be aiding sentiment.

In commodities, West Texas Intermediate Crude oil futures are up $0.12 or 0.15% at $75.47 a barrel.

Gold futures are gaining $3.50 or 0.18% at $1,984.30 an ounce, while Silver futures are up $0.023 or 0.1% at $25.410 an ounce.

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Australian Market Swings To Modest Gains In Mid-market

Australian Market Swings To Modest Gains In Mid-market

The Australian stock market is swinging to modest gains in mid-market moves on Friday after opening in the red, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with gains in energy and technology stocks partially offset by weakness in mining and financial stocks.
RTTNews | 33 분 전
Asian Markets Mixed Amid Caution Trades

Asian Markets Mixed Amid Caution Trades

Asian stock markets are mixed on Friday, following the broadly positive cues from Wall Street overnight, ahead of the release of key U.S. inflation data later in the day that could impact the outlook for interest rates. Traders also digested highly anticipated earnings news from Nvidia, with the AI darling and market leader reporting second-quarter results that largely exceeded expectations.
RTTNews | 1 시간 2 분 전
Thai Stock Market Tipped To Open In The Green

Thai Stock Market Tipped To Open In The Green

The Thai stock market on Thursday ended the two-day slide in which it had slipped almost 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau and it may open to the upside again on Friday.
RTTNews | 2 시간 8 분 전
Japanese Market Notably Lower

Japanese Market Notably Lower

Giving up some of the gains in the previous two sessions, the Japanese market is notably lower on Friday, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling well below the 42,700 level, with weakness across most sectors led by exporters and technology stocks.
RTTNews | 2 시간 25 분 전
Additional Support Predicted For Indonesia Shares

Additional Support Predicted For Indonesia Shares

The Indonesia stock market has moved higher in two consecutive trading days, gathering almost 50 points or 0.6 percent in that span. The Jakarta Composite Index now sits just above the 7,950-point plateau and it may add to its winnings on Friday.
RTTNews | 2 시간 38 분 전
Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.
RTTNews | 2 시간 47 분 전
Hong Kong Shares May Stop The Bleeding On Friday

Hong Kong Shares May Stop The Bleeding On Friday

The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.
RTTNews | 2 시간 53 분 전