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Canadian Market Up Marginally In Cautious Trade

RTTNews | 822 dagar sedan

Canadian Market Up Marginally In Cautious Trade

(RTTNews) - Canadian stocks are turning in a mixed performance amid thin volumes on Monday. The benchmark index is up marginally thanks to gains in select healthcare, energy and financials shares.

News that U.S. President Joe Biden and Congressional Republican McCarthy agreed on a debt ceiling deal on Saturday to avert a fast-approaching default in early June is aiding sentiment.

Biden and McCarthy agreed on Saturday to avert an economically destabilizing default by suspending the $31.4 trillion debt ceiling until 2025.

With the U.S. market closed today for Memorial Day, the volume of business in quite thin, and activity is mostly stock specific.

The benchmark S&P/TSX Composite Index is up 36.29 points or 0.18% at 19,956.60 a little past noon.

Canadian Western Bank (CWB.TO) is gaining about 5%. Sprott Inc (SII.TO), ATS Corporation (ATS.TO), Cogeco Communications (CCA.TO), Cogeco Inc (CGO.TO), Stantec Inc (STN.TO), Onex Corporation (ONEX.TO), Toronto-Dominion Bank (TD.TO) and Colliers International (CIGI.TO) are up 1 to 2.3%.

Restaurant Brands International (QSR.TO), Rogers Communications (RCI.A.TO), Alimentation Couche-Tard (ATD.TO) and Fairfax Financial Holdings (FFH.TO) are declining 1 to 1.4%.

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Australian Market Slightly Lower

Australian Market Slightly Lower

The Australian stock market is trading slightly lower on Friday, giving up some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 9,000 mark, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.

RTTNews | 15 minuter sedan

Hong Kong Shares May Stop The Bleeding On Friday

Hong Kong Shares May Stop The Bleeding On Friday

The Hong Kong stock market has finished lower in three straight sessions, tumbling almost 830 points or 3.3 percent along the way. The Hang Seng Index now rests just beneath the 25,000-point plateau although it may find traction on Friday.

RTTNews | 21 minuter sedan

Higher Open Called For China Stock Market

Higher Open Called For China Stock Market

The China stock market on Thursday snapped the two-day losing streak in which it had stumbled more than 80 points or 2.1 percent. The Shanghai Composite Index now sits just above the 3,840-point plateau and it's expected to see additional support on Friday.

RTTNews | 36 minuter sedan

Rebound Anticipated For Taiwan Stock Market

Rebound Anticipated For Taiwan Stock Market

The Taiwan stock market on Thursday wrote a finish to the three-day winning streak in which it had jumped more than 750 points or 3.1 percent. The Taiwan Stock Exchange now rests just beneath the 24,230-point plateau although it figures to bounce higher again on Friday.

RTTNews | 1h 6minuter sedan

Japan Retail Sales Add 0.3% In July

Japan Retail Sales Add 0.3% In July

The value of retail sales in Japan was up a seasonally adjusted 0.3 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday - coming in at 13.335 trillion yen.

RTTNews | 1h 33minuter sedan

Singapore Stock Market May Add To Its Winnings On Friday

Singapore Stock Market May Add To Its Winnings On Friday

The Singapore stock market has finished higher in consecutive trading days, gathering more than 10 points or 0.25 percent in that span. The Straits Times Index now sits just above the 4,250-point plateau see additional support on Friday.

RTTNews | 1h 36minuter sedan

Japan Industrial Output Sinks 1.6% In July

Japan Industrial Output Sinks 1.6% In July

Industrial production in Japan was down a seasonally adjusted1.6 percent on month in July, the Ministry of Economy, Trade and Industry said on Friday.

RTTNews | 1h 38minuter sedan

Japan Jobless Rate Falls To 2.3% In July

Japan Jobless Rate Falls To 2.3% In July

The unemployment rate in Japan came in at a seasonally adjusted 2.3 percent in July, the Ministry of Internal Affairs and Communications said on Friday.

RTTNews | 1h 54minuter sedan

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