TSX Ends On Strong Note Again

RTTNews | 1133 hari yang lalu
TSX Ends On Strong Note Again

(RTTNews) - The Canadian market ended on a strong note on Monday, extending gains to a second straight session, after having hit a new 52-week low last Thursday.

Energy and materials shares led the market up north. Several stocks from utilities, consumer discretionary and financial sectors too closed with impressive gains. Technology stocks closed on a weak note.

The benchmark S&P/TSX Composite Index ended with a gain of 195.41 points or 1.03% at 19,258.32.

The Energy Capped Index climbed 4.72% as stocks rose on firm crude oil prices. Vermilion Energy (VET.TO) soared 11.7%. Arc Resources (ARX.TO), Advantage Oil & Gas (AAV.TO), Tourmaline Oil Corp (TOU.TO), Crescent Point Energy (CPG.TO), Enerplus Corp (ERF.TO), Nuvista Energy (NVA.TO) and Paramount Resources (POU.TO) climbed 6 to 7%.

The Materials Capped Index surged 2.03%. Hudbay Minerals (HBM.TO), Ivanhoe Mines (IVN.TO), Capstone Mining (CS.TO), New Gold (NGD.TO), Oceanagold Corp (OGC.TO) and Nutrien (NTR.TO) gained 4 to 7%.

Technology stocks Hut 8 Mining (HUT.TO), Descartes Systems Group (DSG.TO), Docebo Inc (DCBO.TO), Lightspeed Commerce (LSPD.TO), Shopify Inc (SHOP.TO) and Kinaxis (KXS.TO) declined sharply.

Dye & Durham Ltd. (DND.TO) shares declined nearly 2%. The company announced Monday it has made a revised proposal to the board of directors at Link Administration Holdings Ltd. (LNK.AX) with respect to Dye & Durham's offer to acquire Link Group.

In a letter to Link Group's board, Dye & Durham has reduced its purchase offer price to A$4.30 per Link Group share from A$5.50 per share offered by Dye & Durham in December 2021.

read more
U.S. Factory Orders Pull Back Sharply In June

U.S. Factory Orders Pull Back Sharply In June

After reporting a substantial increase by new orders for U.S. manufactured goods in the previous month, the Commerce Department released a report on Monday showing factory orders pulled back sharply in the month of June. The Commerce Department said factory orders dove by 4.8 percent in June after soaring by an upwardly revised 8.3 percent in May.
RTTNews | 2j 50min yang lalu
Weak Jobs Data Limits Dollar's Rebound

Weak Jobs Data Limits Dollar's Rebound

A smaller-than expected addition to non-farm payrolls curtailed the dollar's rally fueled by a hawkish Fed stance, higher-than-expected PCE-inflation readings, as well as anxiety ahead of the U.S.-China trade talks and the looming trade tariff deadline.
RTTNews | 2j 52min yang lalu
Eurozone Investor Sentiment Weakens Unexpectedly

Eurozone Investor Sentiment Weakens Unexpectedly

Euro area investor confidence deteriorated unexpectedly in August as the newly reached trade deal with the U.S. deepened concerns about the current economic situation as well as the outlook, data from the behavioral research institute Sentix showed on Monday. The Sentix investor sentiment index fell steeply to -3.7 in August from 4.5 in July. The measure was expected to climb to 6.2.
RTTNews | 4j 10min yang lalu
Bay Street Seen Opening On Cautious Note

Bay Street Seen Opening On Cautious Note

Canadian stocks may open on a mixed note on Monday with investors likely to stay cautious ahead of implementation of levies imposed by U.S. President Donald Trump, and a slew of earnings announcements due this week. Weak oil prices may weigh a bit.
RTTNews | 4j 17min yang lalu
FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

FTSE 100 Modestly Higher; Lloyds Banking Group Rises Nearly 8%

The UK market is up in positive territory on Monday with stocks from the financial sector contributing significantly to the upmove after the outcome from the UK's motor finance investigation turned out to less severe than feared, with potential compensation estimated at 9 billion pounds, much less than the expected quantum o 30 billion pounds.
RTTNews | 5j 9min yang lalu
Indian Rupee Falls To 4-day Low Against U.S. Dollar

Indian Rupee Falls To 4-day Low Against U.S. Dollar

The Indian rupee weakened against the U.S. dollar in the European session on Monday, as investors await the announcement of the interest rate decision by the Reserve Bank of India (RBI) on Wednesday.
RTTNews | 5j 32min yang lalu
CAC Moderately Higher As Stocks Recover From Recent Setback

CAC Moderately Higher As Stocks Recover From Recent Setback

The French stock market is up firmly in positive territory on Monday with several counters from across various sectors attracting buyers after last week's decline following a sweeping tariff announcement from U.S. President Donald Trump.
RTTNews | 5j 38min yang lalu
DAX Up 1.1% As Stocks Rebound From Recent Losses

DAX Up 1.1% As Stocks Rebound From Recent Losses

German stocks are up firmly in positive territory on Monday, recovering well from recent losses, as investors look past last week's tariff announcement from U.S. President Donald Trump and focusing on recent earnings.
RTTNews | 5j 56min yang lalu