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Canadian Market Swinging Between Gains And Losses

RTTNews | 613 dagar sedan

Canadian Market Swinging Between Gains And Losses

(RTTNews) - After a flat start and a subsequent fall to lower levels, the Canadian market advanced a bit Friday morning, but turned weak again and is currently hovering around the unchanged line, weighed down by losses in consumer discretionary and healthcare sectors.

Data showing a drop in Canadian retail sales in the month of November is weighing on sentiment.

The benchmark S&P/TSX Composite Index, which dropped to 20,676.51 after rising to 20,781.89, is currently up 1.61 points at 20,758.34.

Data from Statistics Canada showed retail sales edged lower by 0.2% in November, after advancing by a downwardly revised 0.5% in October. Retail sales expanded 1.8% from the previous year, slowing from the 2.2% increase in October.

According to preliminary estimates, retail sales in Canada are expected to have surged 0.8% from the previous month in December.

Richelieu Hardware Ltd. (RCH.TO) is down 4.6%. Cameco Corporation (CCO.TO) is lower by about 3.2%. Bombardier Inc (BBD.A.TO), Cogeco Inc (CGO.TO), West Fraser Timber (WFG.TO), GFL Environmental (GFL.TO), Cogeco Communications (CCA.TO), MTY Food Group (MTY.TO) and Docebo Inc (DCBO.TO) are down 1.4 to 2.5%.

Among the gainers, Celestica Inc (CLS.TO) is rising more than 4%. Onex Corporation (ONEX.TO) is up nearly 3%, while Fairfax Financial Holdings (FFH.TO), Teck Resources (TECK.A.TO), Intact Financial Corporation (IFC.TO) and Teck Resources (TECK.B.TO) are advancing 1 to 2%.

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Singapore Bourse May Hand Back Tuesday's Gains

Singapore Bourse May Hand Back Tuesday's Gains

The Singapore stock market on Tuesday finally halted the seven-day losing streak in which it had slumped more than 55 points or 1.3 percent. The Straits Times Index now sits just above the 4,300-point plateau although it may head south again on Wednesday.

RTTNews | 39 minuter sedan

Rally May Stall For Malaysia Stock Market

Rally May Stall For Malaysia Stock Market

The Malaysia stock market has ticked higher in two straight sessions, collecting more than 5 points or 0.3 percent along the way. The Kuala Lumpur Composite Index now sits just above the 1,600-point plateau although it may run out of steam on Wednesday.

RTTNews | 1h 9minuter sedan

Renewed Selling Pressure Likely For Japan Stock Market

Renewed Selling Pressure Likely For Japan Stock Market

Ahead of Tuesday's holiday for the Autumnal Equinox, the Japanese stock market had alternated between positive and negative finishes through the previous four trading days, since the end of the four-day winning streak in which it had surged more than 1,430 points or 3.2 percent. The Nikkei 225 now sits just beneath the 45,500-point plateau and it's looking at a soft start on Wednesday.

RTTNews | 1h 24minuter sedan

KOSPI Due For Profit Taking On Wednesday

KOSPI Due For Profit Taking On Wednesday

The South Korea stock market has finished higher in back-to-back sessions, advancing more than 40 points or 1.1 percent along the way. Now at another fresh record closing high, the KOSPI sits just above the 3,485-point plateau although investors are likely to lock in gains on Wednesday.

RTTNews | 1h 39minuter sedan

Consumer Confidence Ebbs In September - BoK

Consumer Confidence Ebbs In September - BoK

Consumer confidence in South Korea dipped in September, the latest survey from the Bank of Korea said on Wednesday with a consumer sentiment index score of 110.1.

RTTNews | 1h 56minuter sedan

U.S. Dollar Weakens Against Some Majors

U.S. Dollar Weakens Against Some Majors

The U.S. dollar fell against some of its major counterparts in the New York session on Tuesday.

RTTNews | 2h 33minuter sedan

Japan Manufacturing PMI Data Due On Wednesday

Japan Manufacturing PMI Data Due On Wednesday

Japan will on Wednesday see September results for the manufacturing and services PMIs from Jibun Bank, highlighting a light day for Asia-Pacific economic activity. In August, their scores were 49.7 and 53.1, respectively.

RTTNews | 2h 39minuter sedan

OECD Warns Full Effects Of High U.S. Tariffs Yet To Be Felt

OECD Warns Full Effects Of High U.S. Tariffs Yet To Be Felt

The Organisation for Economic Co-operation and Development said in a report on Tuesday that the full impact of the massive hike in trade tariffs announced by the U.S. is yet to be felt though early effects are becoming increasingly evident.

RTTNews | 3h 56minuter sedan

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