TSX Comes Off 20-month High, Ends Moderately Lower

RTTNews | Pred 671 dňami

(RTTNews) - Canadian stocks closed lower on Tuesday, weighed down by losses in materials and financials sectors.

The mood remained cautious with investors awaiting U.S. inflation data and earnings updates from major U.S. banks.

The benchmark S&P/TSX Composite Index, which tumbled to 20,880.43 in early trades, ended the day's session at 20,970.98, recording a loss of 103.93 points or 0.49%.

Healthcare stock Tilray Inc (TLRY.TO) ended more than 9% down. Bausch Health Companies (BHC.TO) ended 0.8% down.

Materials shares Nutrien (NTR.TO), Ero Copper (ERO.TO), New Gold Inc (NGD.TO), Lundin Mining (LUN.TO), First Quantum Minerals (FM.TO), Novagold (NG.TO), Capstone Mining Corp (CS.TO) and Teck Resources (TECK.B.TO) lost 2.5 to 4%.

K92 Mining Inc (KNT.TO) soared nearly 10% after the company announced that it generated 39,101 oz AuEq or 33,309 oz gold, 2,728,623 lbs copper and 56,502 oz silver in the fourth quarter. Sales during the quarter were 31,931 oz gold, 2,995,585 lbs copper and 61,712 oz silver.

In the financials sector, Toronto-Dominion Bank (TD.TO) and Nuvei Corp (NVEI.TO) lost 4.4% and 4%, respectively. Bank of Montreal (BMO.TO), Manulife Financial (MFC.TO), CDN Western Bank (CWB.TO) and Fairfax Financial Holdings (FFH.TO) ended lower by 1 to 1.5%.

Technology stocks Shopify Inc (SHOP.TO) and Alithya Group (ALYA.TO) gained 3.4% and 3.3%, respectively. Enghouse Systems (ENGH.TO), Docebo Inc (DCBO.TO), Kinaxis Inc (KXS.TO) and Softchoice Corp (SFTC.TO) advanced 1 to 1.5%.

Blackberry (BB.TO) climbed more than 2.5% after Dutch auto manufacturer Stellantis N.V. (STLA) announced the launch of a virtual cockpit platform that will use the QNX Hypervisor from Canadian software company, BlackBerry.

The platform will enable the delivery of infotainment tech to customers that is expected to be 100 times faster than previous processes.

On the economic front, data from Statistics Canada showed the nation recorded a trade surplus of C$ 1.6 billion in November of 2023, narrowing considerably from the C$ 3.2 billion surplus in the previous month. Exports edged down 0.6% to $65.74 billion in the month, while imports increased 1.9% to C$64.2 billion.

Another data from Statistics Canada showed the total value of building permits in Canada fell by 3.9% from a month earlier to $10.9 billion in November 2023, reversing an upwardly revised 3% growth in the preceding month.

European Shares Climb As US Senate Approves Deal To End Government Shutdown

European stocks hit a two-week high on Tuesday after the U.S. Senate passed a short-term funding bill to end the longest government shutdown in U.S, history. The bill will now be sent to the House, where a vote could come as early as Wednesday.

RTTNews | Pred 1 h 14 min

Asian Shares End On Mixed Note

Asian stocks gave up early gains to end mixed on Tuesday after rising in the previous session as U.S. lawmakers moved toward reopening the federal government.

RTTNews | Pred 1 h 46 min

European Economic News Preview: UK Unemployment Data Due

Unemployment from the UK and economic sentiment from Germany are the major economic reports due on Tuesday. At 2.00 am ET, the Office for National Statistics publishes UK labor market statistics. The jobless rate is forecast to rise to 4.9 percent in the three months to September from 4.8 percent in the preceding period.

RTTNews | Pred 3 h 40 min

European Shares Seen Higher As US Senate Passes Bill To End Shutdown

European stocks are seen opening on a positive note Tuesday after the U.S. Senate passed the funding bill to end the longest-running government shutdown in history.

RTTNews | Pred 4 h 49 min

Sensex, Nifty Modestly Lower In Cautious Trade

Indian shares were a tad lower on Tuesday despite firm cues from global markets and comments from U.S. President Donald Trump that the U.S. was "pretty close" to a trade deal with New Delhi that's good for everybody.

RTTNews | Pred 5 h 59 min

Australian Market Slips To Losses In Mid-market

The Australian stock market is slipping in to the red in mid-market trading on Tuesday after early gains, reversing some of the gains in the previous session, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying well below the 8,850 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.

RTTNews | Pred 7 h 2 min

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Tuesday, following the broadly positive cues from Wall Street overnight, as traders react to further progress made towards ending the US government shutdown, with the US Senate commencing a series of votes on a package to reopen the government and end the longest shutdown on record. Asian markets closed mostly higher on Monday.

RTTNews | Pred 7 h 21 min

Sensex, Nifty Seen Opening Higher On Trade Deal Hopes

Indian shares look set to open on a positive note Tuesday after U.S. President Donald Trump indicated he would reduce the tariff rate on Indian goods "at some point," and that the U.S. was "pretty close" to a trade deal with New Delhi that's good for everybody.

RTTNews | Pred 7 h 54 min

EURUSD	1.15615	GBPUSD	1.31256	AUDUSD	0.65189
USDJPY	154.347	USDCAD	1.40292	USDCHF	0.80336