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TSX Ends On Firm Note

RTTNews | 771 days ago

TSX Ends On Firm Note

(RTTNews) - The Canadian stock marked ended on a firm note on Wednesday, extending recent gains, as shares from communications, utilities, real estate and healthcare sectors posted strong gains.

A few stocks from financial, industrials, consumer discretionary and technology sectors had a good outing as well.

Soft Euro area and UK inflation data aided sentiment. Also, raising expectations the Federal Reserve is likely to end its tightening cycle sometime sooner than later 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.

Telus International (TIXT.TO) rallied 5.7% on strong volumes. Algonquin Power & Utilities Corp (AQN.TO), Arc Resources (ARX.TO), Telus Corporation (T.TO), Shopify Inc (SHOP.TO), Toronto-Dominion Bank (TD.TO) and Bank of Nova Scotia (BNS.TO) gained 1 to 2.3% on huge volumes.

Westport Fuel Systems Inc (WPRT.TO) soared nearly 20%. TFI International (TFII.TO) climbed 5%. Ag Growth International (AFN.TO), Bombardier Inc (BBD.A.TO), BRP Inc (DOO.TO) and Nutrien (NTR.TO) gained 2 to 3%.

Canfor Corporation (CFP.TO), Softchoice Corporation (SFTC.TO), Filo Corp (FIL.TO), Interfor Corporation (IFP.TO), Docebo Inc (DCBO.TO) and Richelieu Hardware (RCH.TO) lost 2 to 4.3%.

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Pound Slides Against Majors

Pound Slides Against Majors

The British pound weakened against other major currencies in the European session on Friday, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | 13 minutes ago

FTSE 100 Weak Again, Looks Headed For Weekly Loss

FTSE 100 Weak Again, Looks Headed For Weekly Loss

U.K. stocks are trading lower on Friday, losing ground for a fourth straight session, weighed down to a large extent by the weakness in the financial sector, amid reports of likely imposition of windfall tax on banks.

RTTNews | 45 minutes ago

Pound Falls Against Majors

Pound Falls Against Majors

The British pound weakened against other major currencies in the European session on Friday.

RTTNews | 53 minutes ago

French Stocks Mostly Subdued In Cautious Trade

French Stocks Mostly Subdued In Cautious Trade

The French market is down in negative territory on Friday with investors digesting a slew of economic data, and look ahead to key consumer inflation report from the U.S.

RTTNews | 1h 4min ago

French Inflation Cools; Economy Expands As Estimated

French Inflation Cools; Economy Expands As Estimated

France's consumer price inflation softened in August on weaker growth in transport costs and the economy logged a faster growth as estimated in the second quarter, official data revealed Friday. Consumer price inflation weakened marginally to 0.9 percent in August from 1.0 percent in July, provisional data from the statistical office INSEE showed.

RTTNews | 1h 29min ago

Sensex, Nifty Extend Losses On Trade Worries

Sensex, Nifty Extend Losses On Trade Worries

Indian shares ended lower on Friday to extend recent declines due to concerns over steep U.S. tariffs imposed on Indian goods.

RTTNews | 1h 30min ago

DAX Down Nearly 0.5% As Investors Focus On Economic Data

DAX Down Nearly 0.5% As Investors Focus On Economic Data

German stocks are down in negative territory in cautious trade on Friday as investors digest the nation's import prices and retail sales data and await U.S. inflation data due later in the day,

RTTNews | 1h 38min ago

European Shares Drift Lower Ahead Of US Inflation Reading

European Shares Drift Lower Ahead Of US Inflation Reading

European stocks traded lower on Friday as investors waited for key U.S. inflation data due later in the day that could provide additional clues on a potential Federal Reserve rate cut in September.

RTTNews | 2h 59min ago

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