TSX Down Marginally In Lackluster Trade

RTTNews | Před 8 dny

(RTTNews) - Canadian stocks are turning in a lackluster performance on Monday as investors closely focusing on the meeting between U.S. President Donald Trump and Ukrainian President Volodymyr Zelenskyy at the White House.

The meeting between Trump and several European leaders, including Zelenskyy today, comes after Trump's meeting with Russian President Vladimir Putin last Friday in Alaska yielded some progress but failed to result in a concrete agreement to end the war in Ukraine.

In a post on Truth Social on Sunday, Trump claimed Zelenskyy has the power to "end the war with Russia almost immediately, if he wants to."

Investors also await the upcoming Federal Reserve's Jackson Holey Symposium on Friday. Several central bank chiefs are scheduled to make speeches at the symposium. Fed Chair Jerome Powell will deliver a keynote address at the symposium. His speech is eyed for clues about Fed's stance on interest rate cuts.

The benchmark S&P/TSX Composite Index was down 32.10 points or 0.12% at 27,873.39 a little while ago.

Consumer staples and consumer discretionary stocks are faring well. Healthcare and materials shares are under some pressure.

Consumer staples stocks North West Company, Metro and George Weston are up 2.3%, 1.7% and 1.5%, respectively. Empire Company, Saputo and Loblaw are up with moderate gains.

Consumer discretionary stocks Dollarama Inc. and Brp are gaining 2.3% and 2.2%, respectively. Aritzia and Restaurant Brands International are up with moderate gains.

Healthcare stocks Bausch Healthcare and Sienna Seior Living are down 2.1% and 1%, respectively.

In the Materials Capped Index, Fortuna Mines is down nearly 3%, and First Majestic Silver is down 2.8%. Wheaton Precious Metals, Triple Flag Precious Metals, Labrador Iron Ore Royalty, Ivanhoe Mines, Equinox Gold Corp, Teck Resources and Ssr Mining are declining by 1.2 to 2%.

In Canadian economic news, data from Statistics Canada showed housing starts in Canada rose 3.7% in July to 2,94,085 units, up from 2,83,523 in June.

Mild Upside Seen For Thai Stock Market

The Thai stock market on Tuesday ended the two-day winnings streak in which it had picked up almost 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to move back to the upside again on Wednesday.

RTTNews | Před 1 h 35 min

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying below the 42,400 level, with a mixed performance across all sectors.

RTTNews | Před 1 h 53 min

Indonesia Shares May Reverse Tuesday's Losses

The Indonesia stock market headed south again on Tuesday, one day after snapping the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,900-point plateau although it's looking to bounce higher again on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead.

RTTNews | Před 2 h 5 min

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains in mining and financial stocks.

RTTNews | Před 2 h 11 min

Hong Kong Shares Expected To Open To The Upside

The Hong Kong stock market on Tuesday ended the two-day winning streak in which it had advanced more than 825 points or 3.4 percent. The Hang Seng Index now rests just above the 25,520-point plateau although it may find renewed support on Wednesday.

RTTNews | Před 2 h 20 min

Higher Open Called For China Stock Market

The China stock market on Tuesday halted the four-day winning streak in which it had rallied almost 160 points or 4.4 percent. The Shanghai Composite Index now sits just beneath the 3,870-point plateau although it may move back to the upside again on Wednesday.

RTTNews | Před 2 h 35 min

Win Streak May Continue For Taiwan Stock Market

The Taiwan stock market has tracked higher in back-to-back sessions, gathering almost 540 points or 2.2 percent along the way. The Taiwan Stock Exchange now rests just above the 24,300-point plateau and it may add to its winnings again on Wednesday.

RTTNews | Před 3 h 5 min

Singapore Stock Market Expected To Open In The Green

The Singapore stock market on Tuesday snapped the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,240-point plateau although it may move back above water on Wednesday.

RTTNews | Před 3 h 35 min

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