TSX Ends Weak As Energy, Materials Shares Decline

RTTNews | 584 days ago
TSX Ends Weak As Energy, Materials Shares Decline

(RTTNews) - The Canadian market ended down on Thursday, retreating from a 19-month high recorded in the previous session, as weak oil and bullion prices weighed on energy and materials stocks.

The benchmark S&P/TSX Composite Index ended down 86.53 points or 0.41% at 20,929.38 after scaling a low of 20,914.54 and a high of 21,022.77 intraday.

Torex Gold Resources (TXG.TO) ended more than 5% down. New Gold (NGD.TO), Seabridge Gold (SEA.TO), Iamgold (IMG.TO, First Majestic Silver (FR.TO), Peyto Exploration (PEY.TO) and Wesdome Gold Mines (WDO.TO) ended lower by 3 to 5%.

TransCanada (TRP.TO), Equinox Gold (EQX.TO), Silvercrest Metals (SIL.TO), Ero Copper (ERO.TO), Prairiesky Royalty (PSK.TO), B2Gold Corp (BTO.TO), MAG Silver (MAG.TO), Vermilion Energy (VET.TO), Kinross Gold Corp (K.TO), Lundin Gold (LUG.TO) and Hudbay Minerals (HBM.TO) declined 2 to 3%.

Canadian Natural Resources (CNQ.TO), Ssr Mining (SSRM.TO), Eldorado Gold (ELD.TO), Cameco (CCO.TO), Wheaton Precious Metals (WPM.TO), First Quantum Minerals (FM.TO) and Nutrien (NTR.TO) also ended sharply lower.

Tilray (TLRY.TO) climbed more than 7%. Corus Entertainment (CJR.B.TO) surged nearly 6%. Bausch Health Companies (BHC.TO), Cronos Group (CRON.TO), Lightspeed Commerce (LSPD.TO), Jamieson Wellness (JWEL.TO), Canada Goose Holdings (GOOS.TO), Aecon (ARE.TO), Fairfax Financial Holdings (FFH.TO) and Shopify Inc (SHOP.TO) gained 1 to 4%.

A report from the Canadian Federation of Independent Business showed small business sentiment in Canada increased to 47.04 points in December from 45.58 point in November.

read more
Eurozone Investor Sentiment Weakens Unexpectedly

Eurozone Investor Sentiment Weakens Unexpectedly

Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.
RTTNews | 1h 6min ago
Bay Street Seen Opening On Cautious Note

Bay Street Seen Opening On Cautious Note

Canadian stocks may open on a mixed note on Monday with investors likely to stay cautious ahead of implementation of levies imposed by U.S. President Donald Trump, and a slew of earnings announcements due this week. Weak oil prices may weigh a bit.
RTTNews | 1h 14min ago
FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

The UK market is up in positive territory on Monday with stocks from the financial sector contributing significantly to the upmove after the outcome from the UK's motor finance investigation turned out to less severe than feared, with potential compensation estimated at 9 billion pounds, much less than the expected quantum o 30 billion pounds.
RTTNews | 2h 5min ago
Indian Rupee Falls To 4-day Low Against U.S. Dollar

Indian Rupee Falls To 4-day Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in the European session on Monday, as investors await the announcement of the interest rate decision by the Reserve Bank of India (RBI) on Wednesday.
RTTNews | 2h 28min ago
CAC Moderately Higher As Stocks Recover From Recent Setback

CAC Moderately Higher As Stocks Recover From Recent Setback

The French stock market is up firmly in positive territory on Monday with several counters from across various sectors attracting buyers after last week's decline following a sweeping tariff announcement from U.S. President Donald Trump.
RTTNews | 2h 34min ago
DAX Up 1.1% As Stocks Rebound From Recent Losses

DAX Up 1.1% As Stocks Rebound From Recent Losses

German stocks are up firmly in positive territory on Monday, recovering well from recent losses, as investors look past last week's tariff announcement from U.S. President Donald Trump and focusing on recent earnings.
RTTNews | 2h 52min ago