TSX Ends On Firm Note

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(RTTNews) - The Canadian market ended on a firm note on Friday, lifted by strong gains in energy, technology and materials shares.

A few stocks from healthcare and industrials sectors also posted notable gains.

The mood remained positive amid easing fears of a U.S. recession this year, and on hopes the Fed tightening cycle will end soon.

The benchmark S&P/TSX Composite Index ended with a gain of 133.90 points or 0.66% at 20,519.37. The index posted a marginal 0.1% decline for the week.

Data from Statistics Canada showed the Canadian economy grew 0.3% in May. Meanwhile, preliminary estimates show the economy may have contracted by 0.2% in June.

Healthcare stocks Tilray Inc (TLRY.TO), Bausch Health Companies (BHC.TO) and Chartwell Retirement (CSH.UN.TO) gained 7.1%, 2.5% and 1.7%, respectively.

In the technology sector, Celestica Inc (CLS.TO) soared 15.15% after reporting adjusted net earnings per share of $0.55 for the second quarter, compared to $0.44 in the year-ago quarte. The company also raised its earnings guidance for the year.

Shopify Inc (SHOP.TO), Blackberry (BB.TO), Coveo Solutions (CVO.TO), Lightspeed Commerce (LSPD.TO), Open Text Corporation (OTEX.TO) and Constellation Software (CSU.TO) gained 1.3 to 3.3%.

Among energy stocks, Baytex Energy (BTE.TO) gained more than 9% on strong second-quarter earnings.

Paramount Resources (POU.TO), Secure Energy (SES.TO), Nuvista Energy (NVA.TO) and Precision Drilling Corp (PD.TO) gained 4.3 to 5.7%.

Osisko Mining Inc (OSK.TO), up nearly 7.5%, was the top gainer in the Materials index. Methanex (MX.TO), Equinox Gold Corp (EQX.TO), Silvercrest Metals (SIL.TO), Teck Resources (TECK.B.TO), Wesdome Gold Mines (WDO.TO) and Alamos Gold (AGI.TO) gained 3 to 4.5%.

In the industrials secctor, Toromont Industries (TIH.TO), Ballard Power Systems (BLDP.TO), Finning International (FTT.TO), Bombardier Inc (BBD.B.TO), Canadian National Railway (CNR.TO), Air Canada (AC.TO) and Tfi International (TFII.TO) posted strong gains.

Sensex, Nifty Open Lower On Uncertainty Around US Trade Deal

Indian shares opened lower on Friday, with uncertainty around U.S. trade deal and continued selling by foreign investors weighing on markets.

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Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintaining its early losses in mid-market moves on Friday and extending the losses in the previous session, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling below the 8,700 level, with weakness in mining and financial stocks partially offset by gains in energy and technology stocks.

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Asian Markets Mixed Amid Cautious Trades

Asian markets are trading mixed on Friday, following the mixed cues from Wall Street overnight, as traders are cautious and optimistic that the U.S. will sign up more deals with its remaining trading partners before President Donald Trump's Aug. 1 deadline. The UK, China, Vietnam, and Indonesia have already struck deals, while Canada, India, South Korea, and the EU are ramping up their efforts.

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Sensex, Nifty Set To Extend Losses

Indian shares look set to open lower on Friday as investors fret over stalled India-U.S. trade deal, slowing earnings growth and continued selling by foreign portfolio investors.

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Rebound Anticipated For Thai Stock Market

The Thai stock market has finished lower in two of three trading days since the end of the three-day winning streak in which it had spiked more than 50 points or 4.1 percent. The Stock Exchange of Thailand now sits just above the 1,210-point plateau although it's expected to bounce higher again on Friday.

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Japanese Market Notably Lower

Reversing some of the strong gains in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from Wall Street overnight. The Nikkei 225 is falling well above the 41,650 level, with weakness across most sectors led by exporters, automakers and financial stocks.

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Higher Open Called For Indonesia Stock Market

The Indonesia stock market has moved higher in back-to-back sessions, advancing more than 180 points or 2.6 percent along the way. The Jakarta Composite Index now sits just above the 7,530-point plateau and it may open to the upside again on Friday.

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Hong Kong Shares May Be Stuck In Neutral On Friday

The Hong Kong stock market has moved higher in five straight sessions, gathering almost 1,300 points or 5.1 percent in that span. The Hang Seng Index now sits just beneath the 25,670-point plateau although it's expected to see profit taking on Friday.

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EURUSD	1.17414	GBPUSD	1.34961	AUDUSD	0.65785
USDJPY	147.117	USDCAD	1.36546	USDCHF	0.79604

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TSX Ends On Firm Note