TSX Ends On Firm Note

RTTNews | 823日前

(RTTNews) - The Canadian market closed on a firm note on Monday, riding on gains in energy, materials and technology stocks. Several stocks from financials and real estate sectors moved up as well.

Higher commodity prices lifted energy and materials shares.

The benchmark S&P/TSX Composite Index ended with a gain of 120.35 points or 0.59% at 20,539.97, near the day's high.

In the energy sector, Spartan Delta Corp (SDE.TO) ended nearly 9% up. Tourmaline Oil Corp (TOU.TO), Tamarack Valley Energy (TVE.TO), Athabasca Oil Corp (ATH.TO), Prairiesky Royalty (PSK.TO), Parex Resources (PXT.TO) and Advantage Oil & Gas (AAV.TO) gained 2 to 4%.

Materials shares Hudbay Minerals (HBM.TO), Ero Copper (ERO.TO), Filo Mining Corp (FIL.TO), Torex Gold Resources (TXG.TO) and Lundin Gold (LUG.TO) gained 4 to 6%.

First Quantum Minerals (FM.TO), Capstone Mining Corp (CS.TO), Nutrien (NTR.TO), Ivanhoe Mines (IVN.TO) and Teck Resources (TECK.B.TO) also moved up sharply.

Centerra Gold Inc. (CG.TO) plunged more than 18% after the company reported adjusted net loss of $52.9 million, or $0.24 per common share for the first quarter of 2023, compared to $56.4 million, or $0.19 per share, in the first quarter of 2023.

Technology stocks Bitfarms (BITF.TO) and Docebo Inc (DCBO.TO) soared 10.6% and 7.1%, respectively. Hut 8 Mining Corp (HUT.TO) surged 6.4% and Constellation Software (CSU.TO) climbed nearly 4%. BlackBerry (BB.TO), Converge Technology Solutions (CTS.TO), Kinaxis Inc (KXS.TO) and Alithya Corp (ALYA.TO) gained 1.2 to 2.1%.

In the financials section, Goeasy (GSY.TO), Sun Life Financial (SLF.TO), Fairfax Financial Holdings (FFH.TO), Manulife Financial (MFC.TO), CDN Western Bank (CWB.TO), National Bank of Canada (NA.TO) and Canadian Imperial Bank of Commerce (CM.TO) gained 1 to 2.3%.

On the economic front, data from the Canada Mortgage and Housing Corporation showed housing starts in Canada rose by 22% over a month earlier to 261,600 units in April of 2023.

Data from Statistics Canada showed wholesale sales in Canada eased by 0.1% month-over-month to C$ 86.5 billion in March 2023, extending the 1.7% decline in the previous month.

Euro Higher Against Majors

The euro appreciated against its major counterparts in the New York session on Friday.

RTTNews | 11時28分前

TSX Down Marginally In Lackluster Trade

Canadian stocks are turning in a mixed performance in somewhat lackluster trade on Friday, with investors focusing on the upcoming US - Russia summit that could help end the war in Ukraine.

RTTNews | 14時19分前

Swiss Market Ends On Firm Note

The Switzerland market ended on a firm note on Friday with stocks from across several sectors gaining ground on sustained buying support. The mood remained positive right through the day's session, amid some expectations about an end to the Ukraine war.

RTTNews | 14時47分前

European Stocks Close Mixed After Cautious Session

European stocks closed on a mixed note on Friday with investors largely staying cautious, awaiting the meeting of the Presidents of the U.S. and Russia, and continuing to assess Trump administration's tariff moves and their impact on global economic growth.

RTTNews | 15時5分前

U.S. Business Inventories Rise In Line With Estimates In June

A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.

RTTNews | 16時43分前

U.S. Consumer Sentiment Unexpectedly Deteriorates In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.

RTTNews | 17時1分前

U.S. Industrial Production Pulls Back Slightly In July

A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.

RTTNews | 17時30分前

New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.

RTTNews | 17時54分前

EURUSD	1.1698	GBPUSD	1.3551	AUDUSD	0.6504
USDJPY	147.18	USDCAD	1.38173	USDCHF	0.8063