TSX Ends On Weak Note

RTTNews | Pred 973 dňami
TSX Ends On Weak Note

(RTTNews) - The Canadian market ended notably lower on Wednesday after spending the entire trading session in negative territory.

Concerns about inflation and economic slowdown weighed on sentiment. The latest batch of economic data from the U.S. added to worries the Fed will maintain its strategy of aggressively raising interest rates this year.

Data from payroll processor ADP showed private sector employment in the U.S. increased by slightly more than expected in the month of September.

The benchmark S&P/TSX Composite Index, which tumbled to around mid morning, ended the session with a loss of 135.90 points or 0.7% at 19,235.09.

Shares from utilities, real estate, communications, technology and materials shares ended weak. Healthcare, financials and industrials shares too mostly closed lower. Energy stocks rallied as crude oil prices rose sharply on lower inventories and the OPEC+'s decision to cut crude output by 2 million barrels per day from November.

Labrador Iron Ore (LIF.TO) lost more than 6.5%. Boralex (BLX.TO), Nutrien (NTR.TO), Constellation Software (CSU.TO), Colliers International (CIGI.TO), Rogers Communications (RCI.B.TO), West Fraser Timber (WFG.TO) and TFI International (TFII.TO) lost 1 to 5%.

Canadian Tire Corporation (CTC.TO) soared 12.8%. CCL Industries (CCL.A.TO), Cenovus Energy (CVE.TO), Precision Drilling (PD.TO), Telus International (TIXT.TO), Methanex Corp (MX.TO) and Suncor Energy (SU.TO) gained 2 to 6%.

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European Shares Seen Little Changed At Open

European Shares Seen Little Changed At Open

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RTTNews | Pred 42 minútami
Sensex, Nifty Open Higher Ahead Of RBI Meet

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RTTNews | Pred 2 h 0 min
European Economic News Preview: ECB To Cut Interest Rates

European Economic News Preview: ECB To Cut Interest Rates

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RTTNews | Pred 2 h 13 min
Australian Market Slips To Slight Losses In Mid-market

Australian Market Slips To Slight Losses In Mid-market

The Australian market is slipping to slight losses in mid-market moves on Thursday after opening in the green, reversing some of the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,550 level, with by weakness in energy and financial stocks partially offset gains in iron ore miners and some technology stocks.
RTTNews | Pred 2 h 53 min
Asian Markets Trade Mostly Higher

Asian Markets Trade Mostly Higher

Asian stock markets are trading mostly higher on Thursday, following the mixed cues from Wall Street overnight, amid optimism about the outlook for interest rates after the release of some weaker than expected U.S. economic data, which raised concerns about the strength of the economy. Asian markets closed mostly higher on Wednesday.
RTTNews | Pred 3 h 15 min
Sensex, Nifty Set For Muted Start

Sensex, Nifty Set For Muted Start

Indian shares look set to open largely unchanged on Thursday as investors look ahead to the Reserve Bank of India's (RBI) monetary policy decision on June 6, with the central bank widely expected to cut interest rates by 25 basis points for the third consecutive time.
RTTNews | Pred 3 h 48 min
Recovery Anticipated For Thai Stock Market

Recovery Anticipated For Thai Stock Market

The Thai stock market has moved lower in consecutive trading days, separated by the long holiday weekend - giving up more than 30 points or 2.4 percent along the way. The Stock Exchange of Thailand now rests just above the 1,130-point plateau although it's likely to bounce higher again on Thursday.
RTTNews | Pred 4 h 18 min
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese market is trading modestly lower on Thursday, reversing some of the gains in the previous session, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling below the 37,650 level, with weakness in automakers, exporters and financial stocks partially offset by gains in technology stocks.
RTTNews | Pred 4 h 41 min