TSX Ends Marginally Up

RTTNews | 812 दिनों पहले

(RTTNews) - The Canadian market ended marginally up on Wednesday, thanks to strong gains in materials and energy stocks.

Healthcare and technology stocks drifted lower.

In addition to digesting the data on Canadian manufacturing activity, investors also reacted to the latest batch of earnings updates.

The benchmark S&P/TSX Composite Index ended with a gain of 38.59 points or 0.19% at 20,259.78, after scaling a low of 20,200.90 and a high of 20,318.91 intraday.

Royal Bank of Canada (RY.TO) drifted down more than 3.5%. The bank reported a net income of $3.2 billion for the quarter ended January 31, 2023, down $881 million or 22% from the prior year. Diluted EPS was $2.29 , down 19% over the same period.

National Bank of Canada (NA.TO) gained about 1.7%. The bank reported a net income of $881 million for the first quarter of 2023, down 5% from $930 million in the first quarter of 2022. George Weston Limited (WN.TO) reported adjusted net earnings from continuing operations of $369 million for the fourth quarter of 2022, an increase of $22 million, or 6.3%, from a year ago. The stock gained about 0.85%.

Kinaxis Inc (KXS.TO) reported a profit of $8.56 million for the fourth quarter of 2022, as against a loss of $2.92 million in the year-ago quarter. The stock ended with a modest gain of about 0.3%.

Data released by Markit Economics showed the S&P Global Canada Manufacturing PMI rose to 52.4 in February 2023 from 51 in the previous month. The latest reading pointed to the second consecutive month of expansion in factory activity and the quickest since last July.

Australian Market Slightly Trims Early Losses In Mid-market

The Australian market is slightly trimming its early losses in mid-market moves on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,350 level, with weakness across most sectors led by and technology and energy stocks. Gold miners are the only bright spot.

RTTNews | 25 मिनटों पहले

Asian Markets Tracks Wall Street Lower

Asian stock markets are trading mostly lower on Thursday, following the broadly negative cues from Wall Street overnight, amid rising treasury yields on concerns about the fiscal impact of a new U.S. tax bill on the country's deficit. The lack of clear progress on new trade deals is also weighing on the markets. Asian markets closed mostly higher on Wednesday.

RTTNews | 46 मिनटों पहले

Sensex, Nifty Set To Open Lower After US Selloff

Indian shares may open lower on Thursday as investors react to escalating geopolitical tensions, rising U.S. Treasury yields and a lack of progress on U.S. trade talks with partners.

RTTNews | 1घंटे 13 मिनट पहले

Soft Start Anticipated For Thai Stock Market

The Thai stock market has alternated between positive and negative finishes through the last 11 trading days since the end of the five-day winning streak in which it had advanced more than 50 points or 4.3 percent. The Stock Exchange of Thailand now sits just beneath the 1,180-point plateau and it may tick lower again on Thursday.

RTTNews | 1घंटे 45 मिनट पहले

Japanese Market Notably Lower

The Japanese market is trading notably lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling well below the 37,100 level, with weakness across most sectors led by index heavyweights and technology stocks.

RTTNews | 2घंटे 15 मिनट पहले

Indonesia Bourse May Hand Back Wednesday's Gains

The Indonesia stock market bounced higher again on Wednesday, one day after snapping the five-day winning streak in which it had rallied more than 310 points or 4.5 percent. The Jakarta Composite Index now rests just above the 7,140-point plateau, although it may head south again on Thursday. The global forecast for the Asian markets is negative on concerns over rising bond yields. The European markets were mixed and the U.S. bourses were sharply lower and the Asian markets also figure to open under pressure.

RTTNews | 2घंटे 15 मिनट पहले

Lower Open Called For Hong Kong Stock Market

The Hong Kong stock market has finished higher in consecutive trading days, accelerating almost 500 points or 2.2 percent along the way. The Hang Seng Index now sits just above the 23,825-point plateau, although it's likely to run out of steam on Thursday.

RTTNews | 2घंटे 30 मिनट पहले

Australian Market Notably Lower

The Australian market is trading notably lower on Thursday, reversing the gains in the previous two sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling to near the 8,300 level, with weakness across most sectors led by and technology stocks. Gold miners are the only bright spot.

RTTNews | 2घंटे 33 मिनट पहले

EURUSD	1.1333	GBPUSD	1.34252	AUDUSD	0.64406
USDJPY	143.312	USDCAD	1.38535	USDCHF	0.82451

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TSX Ends Marginally Up