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TSX Ends Slightly Down After Another Lackluster Session
(RTTNews) - The Canadian market ended marginally down on Friday, with stocks once again largely subdued as investors were reluctant to make significant moves due to a lack of triggers.
The benchmark S&P/TSX Composite Index ended down 13.55 points or 0.07% at 20,103.11, after moving in a very narrow range between 20,070.49 and 20,156.72. The index shed 0.36% in the week.
Precision Drilling Corporation (PD.TO) climbed 2.5%. Canadian Tire Corporation (CTC.TO), Cargojet (CJT.TO), Morguard Corporation (MRC.TO) and RB Global Inc (RBA.TO) gained 1 to 1.5%.
Docebo Inc (DCBO.TO) drifted down 2%. Restaurant Brands International (QSR.TO) and Fairfax Financial Holdings (FFH.TO) ended lower by 1.4% and 1%, respectively.
On the economic front, data from Statistics Canada showed retail sales in Canada jumped by 0.6% in September from the previous month. Retail sales rose by 2.7% from a year ago in September, the biggest increase in five months.
Retail sales excluding autos in Canada were up 0.2% month-over-month in September, the same as an upwardly revised 0.2% gain in August.
Canada's manufacturing sales likely fell by 2.7% from a month earlier in October, following a 0.4% gain in September, according to preliminary data.
Asian Markets Trade Mixed
Sensex, Nifty Seen Lower As Investors Monitor Trade, Geopolitical Developments
Rally May Stall For Thai Stock Market
Japanese Market Notably Lower
Indonesia Bourse May Extend Wednesday's Losses
Australian Market Slightly Higher
Hong Kong Bourse May Hand Back Wednesday's Gains
