TSX Ends On Firm Note As Technology, Financials Shares Rally

RTTNews | 590 일 전
TSX Ends On Firm Note As Technology, Financials Shares Rally

(RTTNews) - The Canadian market ended on a firm note on Monday, led by gains in technology and financials sectors.

Despite concerns about the ongoing war in the Middle East, the mood remained a bit positive with investors looking ahead to key earnings updates from some top U.S. companies.

The benchmark S&P/TSX Composite Index ended with a gain of 157.94 points or 0.81% at 19,620.80.

Technology stocks BlackBerry (BB.TO), Celestica Inc (CLS.TO), Tecsys Inc (TCS.TO), Shopify Inc (SHOP.TO), Lightspeed Commerce (LSPD.TO) and Enghouse Systems (ENGH.TO) rallied sharply, gaining 2.3 to 6.5%.

In the financials sector, Nuvei Corp (NVEI.TO), Goeasy (GSY.TO), EQB Inc (EQB.TO), Laurentian Bank (LB.TO), Canadian Imperial Bank of Commerce (CM.TO), Bank of Montreal (BMO.TO), Royal Bank of Canada (RY.TO), Bank of Nova Scotia (BNS.TO) and National Bank of Canada (NA.TO) gained 1 to 3%.

Healthcare stocks Bausch Health Companies (BHC.TO) and Tilray Inc (TLRY.TO) gained 3.2% and 1.1%, respectively.

On the economic front, data from Statistics Canada showed manufacturing sales in Canada increased 0.7% month-over-month in August, below the preliminary estimate of a 1% gains. Manufacturing sales had increased by 1.6% in July.

Meanwhile, wholesale sales in Canada rose by 2.3% month-over-month to C$ 83 billion in August, from a downwardly revised flat reading in the previous month.

read more
Yen Falls As U.S. Court Blocks Trump's Tariffs

Yen Falls As U.S. Court Blocks Trump's Tariffs

The Japanese yen weakened against other major currencies in the Asian session on Thursday, after a U.S. federal court blocked U.S. President Donald Trump's attempt to impose sweeping reciprocal tariffs against its global trading partners under emergency powers, saying he exceeded his authority.
RTTNews | 24 분 전
European Shares Set To Open On Buoyant Note

European Shares Set To Open On Buoyant Note

European stocks may open on a buoyant note Thursday as chip giant Nvidia reported better-than-expected earnings and revenue, and a U.S. federal court blocked President Donald Trump's attempt to impose sweeping tariffs under emergency powers, dealing a blow to a key part of his economic agenda.
RTTNews | 1 시간 7 분 전
Bank Of Korea Cuts Policy Rate By 25 Bps

Bank Of Korea Cuts Policy Rate By 25 Bps

The Bank of Korea lowered its benchmark rate by a quarter-point to mitigate downside pressure on the economy. The monetary policy board, governed by Rhee Chang Yong, unanimously decided to cut the Base Rate by 25 basis points to 2.50 percent. The bank had previously reduced the benchmark rate by a quarter-point in February.
RTTNews | 1 시간 51 분 전
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Thursday.
RTTNews | 1 시간 57 분 전
Sensex, Nifty Modestly Higher; IT Stocks Lead Gains

Sensex, Nifty Modestly Higher; IT Stocks Lead Gains

Indian shares opened on a firm note Thursday after technology giant Nvidia buoyed investors with a bullish outlook for the growth in artificial intelligence and the U.S. Court of International Trade blocked President Trump's proposed "Liberation Day" tariffs, saying he had overstepped his authority.
RTTNews | 2 시간 29 분 전
Australian Market Slightly Trims Early Gains In Mid-market

Australian Market Slightly Trims Early Gains In Mid-market

The Australian market is slightly trimming its early gains in mid-market moves on Thursday, reversing the slight losses in the previous session, despite the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,400 level, with gains in energy and technology stocks partially offset by a mixed performance in mining and financial stocks.
RTTNews | 3 시간 26 분 전
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Thursday, despite the broadly negative cues from Wall Street overnight, after a U.S. federal court blocked US President Donald Trump's attempt to impose sweeping reciprocal tariffs against its global trading partners under emergency powers, saying he exceeded his authority. Asian markets closed mostly lower on Wednesday.
RTTNews | 3 시간 46 분 전
Sensex, Nifty Seen Higher As US Court Blocks Trump's Tariffs

Sensex, Nifty Seen Higher As US Court Blocks Trump's Tariffs

Indian shares look set to open higher on Thursday as investors react to encouraging industrial output data, upbeat Nvidia earnings and a U.S. court ruling blocking President Trump's "Liberation Day" tariffs, citing overreach of power.
RTTNews | 4 시간 21 분 전