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TSX Snaps 4-day Winning Streak, Ends Notably Lower

RTTNews | 904 hari yang lalu

TSX Snaps 4-day Winning Streak, Ends Notably Lower

(RTTNews) - The Canadian market closed notably lower on Monday, weighed down by losses in materials, energy and financials sections.

Several stocks from real estate, utilities and healthcare sectors too closed sharply lower.

The mood was quite bearish in the market due to concerns about the growing unrest in China amid widespread protests against the government's zero-Covid policy.

Worries about inflation and outlook for interest rates hurt as well.

The benchmark S&P/TSX Composite Index ended with a loss of 163.28 points or 0.8% at 20,220.49. The index dropped to a low of 20,178.80 in the session.

Tecsys Inc. (TCS.TO) ended 6.7% down. Precision Drilling Corporation (PD.TO), Sprott Inc (SII.TO), Cargojet (CJT.TO), goeasy (GSY.TO) and Descartes Systems Group (DSG.TO) lost 3 to 4.2%.

Onex Corporation (ONEX.TO), Franco-Nevada Corp (FNV.TO), Tourmaline Oil Corp (TOU.TO) and National Bank of Canada (NA.TO) ended lower by 2 to 2.8%.

Bombardier Inc (BBD.B.TO) rallied 7%. Shopify Inc (SHOP.TO) climbed 4.3%. Loblaw Companies (L.TO), CCL Industries (CCL.A.TO), Dollarama Inc (DOL.TO), Fairfax Financial Holdings (FFH.TO) and Alimentation Couche-Tard (ATD.TO) gained 1.8 to 3%.

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Canadian Dollar Rises As Inflation Climbs

Canadian Dollar Rises As Inflation Climbs

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RTTNews | 1j 48min yang lalu

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RTTNews | 2j 8min yang lalu

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RTTNews | 3j 39min yang lalu

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RTTNews | 4j 39min yang lalu

Bay Street Likely To Open On Cautious Note; Inflation Data In Focus

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The Canadian market is likely to see a cautious start Tuesday morning with investors reacting to the nation's consumer price inflation data.

RTTNews | 7j 9min yang lalu

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

U.S. Dollar Slides Amid U.S. Tariff Uncertainty

The U.S. dollar weakened against other major currencies in the European session on Tuesday, due to fiscal and economic concerns amid uncertainties about U.S. tariffs.

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FTSE 100 Moderately Higher As Investors Focus On Earnings

FTSE 100 Moderately Higher As Investors Focus On Earnings

U.K. stocks are up in positive territory on Tuesday, extending gains to a fourth straight session. The focus largely on corporate earnings updates, and the developments on the trade front.

RTTNews | 8j 23min yang lalu

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