To use chat, please login.
Back to contacts

Canadian Market In Positive Territory Again

RTTNews | 46 days ago
Canadian Market In Positive Territory Again

(RTTNews) - The Canadian market is up in positive territory around noon on Friday, extending recent gains, with data on U.S. consumer sentiment raising optimism about growth.

Materials and healthcare stocks are among the major gainers. Several stocks from industrials, consumer staples and financials sectors too are up with strong gains.

The benchmark S&P/TSX Composite Index is up 104.30 points or 0.52% at 20,096.18 a few minutes past noon.

Lithium Americas Corp (LAC.TO) and Sandstorm Gold (SSL.TO) are up 6.6% and 6.35%, respectively. Silvercrest Metals (SIL.TO), New Gold (NGD.TO), Eldorado Gold (ELD.TO), Osisko Mining Inc (OSK.TO), Novagold (NG.TO), Fortuna Silver Mines (FVI.TO) and Pan American Silver Corp (PAAS.TO) are up 3 to 5%.

In the healthcare section, Aurora Cannabis (ACB.TO) is rising 7.5%. Canopy Growth Corp (WEED.TO) and Tilray Inc (TLRY.TO) both are gaining 3.25%, while Sienna Senior Living Inc (SIA.TO) and Cronos Group (CRON.TO) are up 2.5% and 2.1%, respectively.

Hut 8 Mining (HUT.TO) is soaring 11% on strong volumes. Kinross Gold Corp (K.TO), Barrick Gold Corporation (ABX.TO), Manulife Financial (MFC.TO) and TC Energy Corp (TRP.TO) are also up with sharp gains.

Adding to the positive sentiment about U.S. inflation, the Labor Department released a report on Thursday that showed U.S. import prices fell by more than expected in the month of July.

Today, the University of Michigan released a separate report showing consumer sentiment in the U.S. has improved by much more than expected in the month of August.

The report showed the consumer sentiment index jumped to 55.1 in August from 51.5 in July. Economists had expected the index to inch up to 52.5.

With the bigger than expected increase, the consumer sentiment index continued to recover after hitting a record low 50.0 in June.

read more
Singapore Bourse May Find Traction On Wednesday

Singapore Bourse May Find Traction On Wednesday

The Singapore stock market has moved lower in three straight sessions, stumbling almost 100 points or 3.2 percent along the way. The Straits Times Index now rests just above the 3,165-point plateau although it's looking at a steady start on Wednesday.
RTTNews | 4h 3min ago
Malaysia Stock Market May Halt Losing Streak

Malaysia Stock Market May Halt Losing Streak

The Malaysia stock market has moved lower in five straight sessions, slumping more than 50 points or 3.2 percent along the way. The Kuala Lumpur Composite Index now rests just above the 1,410-point plateau although it may stop the bleeding on Wednesday.
RTTNews | 4h 33min ago
South Korea Stock Market May Extend Tuesday's Gains

South Korea Stock Market May Extend Tuesday's Gains

The South Korea stock market on Tuesday wrote a finish to the four-day losing streak in which it had tumbled almost 150 points or 6.3 percent to a two-year closing low. The KOSPI now sits just beneath the 2,225-point plateau and it may tick higher again on Wednesday.
RTTNews | 5h 3min ago
BoJ Minutes To Be Released On Wednesday

BoJ Minutes To Be Released On Wednesday

The Bank of Japan will on Wednesday release the minutes from its monetary policy meeting on July 20 and 21, highlighting a light day for Asia-Pacific economic activity.
RTTNews | 6h 3min ago
TSX Fails To Hold Early Gains, Ends Marginally Down

TSX Fails To Hold Early Gains, Ends Marginally Down

After opening higher and staying firm till a little before noon, the Canadian market turned subdued and moved along the flat line on Tuesday and finally ended the session on a slightly weak note.
RTTNews | 6h 52min ago
Dollar Recovers After Early Weakness

Dollar Recovers After Early Weakness

The U.S. dollar exhibited some weakness in the Asian session on Tuesday and remained sluggish in the European session as well as treasury yields dropped and European shares gained on bargain hunting.
RTTNews | 7h 24min ago
Swiss Market Closes Modestly Higher

Swiss Market Closes Modestly Higher

The Switzerland stock market ended modestly higher on Tuesday after holding in positive territory right through the day's session.
RTTNews | 10h 30min ago
Major European Markets Fail To Retain Early Gains, Close Weak

Major European Markets Fail To Retain Early Gains, Close Weak

Despite spending much of the day's trading session in positive territory, most of the major markets in Europe closed weak on Tuesday as concerns about monetary tightening and economic slowdown continued to hurt sentiment.
RTTNews | 10h 39min ago