TSX Ends Flat After Somewhat Lackluster Session

RTTNews | 638 days ago
TSX Ends Flat After Somewhat Lackluster Session

(RTTNews) - The Canadian market ended flat on Wednesday after a mixed performance, with investors largely making cautious moves, tracking the trend in commodities markets and digesting the latest batch of U.S. economic data, and the Federal Reserve's minutes.

The benchmark S&P/TSX Composite Index ended with a small gain of 3.99 points or 0.02% at 20,113.96, after scaling a lw of 20,048.89 and a high of 20,168.67 intraday.

Consumer staples and real estate stocks climbed higher, while energy stocks fell. Shares from the rest of the sectors ended on a mixed note.

George Weston (WN.TO), a prominent loser in the previous session, surged nearly 7% today. Molson Coors Canada Inc (TPX.B.TO), Loblaw Companies (L.TO), Metro Inc (MRU.TO), Boyd Group Services (BYD.TO), Alimentation Couche-Tard (ATD.TO) and Premium Brands Holdings Corporation (PBH.TO) gained 2 to 3%.

Shopify Inc (SHOP.TO), Colliers International (CIGI.TO), Franco-Nevada Corporation (FNV.TO) and FirstService Corporation (FSV.TO) also ended notably higher.

Transcontinental Inc (TCL.B.TO) ended nearly 8% down. MEG Energy (MEG.TO), Boralex Inc (BLX.TO), Docebo Inc (DCBO.TO), Canadian Natural Resources (CNQ.TO), Bombardier Inc (BBD.B.TO), Nutrien (NTR.TO), BRP Inc (DOO.TO), Toronto-Dominion Bank (TD.TO) and Stella-Jones (SJ.TO) ended lower by 1 to 3.4%.

read more
Yen Falls Amid BoJ Uncertainty

Yen Falls Amid BoJ Uncertainty

The Japanese yen weakened against other major currencies in the Asian session on Friday, as traders speculate uncertainty over the likely timing of the Bank of Japan's (BoJ) next rate hike.
RTTNews | 1h 6min ago
Sensex, Nifty Edge Lower; IT Stocks Drag On Trade Worries

Sensex, Nifty Edge Lower; IT Stocks Drag On Trade Worries

Indian shares opened on a weak note on Friday after a Trump administration official called India the 'Maharaja' of tariffs and ramped up his criticism over the trade ahead of an expected tariff increase on August 27.
RTTNews | 2h 13min ago
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews | 2h 22min ago
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Friday, giving up some of the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying above the 9,000 mark, with weakness in technology and financial stocks partially offset by gains in mining and energy stocks.
RTTNews | 3h 22min ago
Asian Markets Mostly Higher

Asian Markets Mostly Higher

Asian stock markets are trading mostly higher on Friday, despite the broadly negative cues from Wall Street overnight, as traders remain cautious amid lingering uncertainty about the outlook for interest rates ahead of US Fed Chair Jerome Powell's highly anticipated speech at the Jackson Hole Economic Symposium later in the day. Asian markets ended mixed on Thursday.
RTTNews | 3h 47min ago
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares may open on a sluggish note on Friday following six consecutive sessions of gains on optimism about S&P's rating upgrade for India, improving Sino-India relations and the Centre's plan to rationalize Goods and Services Tax (GST).
RTTNews | 4h 12min ago
Japanese Market Slightly Higher

Japanese Market Slightly Higher

The Japanese market is slightly higher on Friday, snapping a three-session losing streak, despite the broadly negative cues from Wall Street overnight. The Nikkei 225 is moving above the 42,650 level, with gains across all sectors led by automakers and financial stocks as domestic inflation data beat expectations.
RTTNews | 4h 41min ago