TSX Extends Gains To 5th Straight Day, Ends Notably Higher

RTTNews | 1033 วันที่ผ่านมา
TSX Extends Gains To 5th Straight Day, Ends Notably Higher

(RTTNews) - Canadian stocks turned in a fine performance on Thursday as data showing a drop in U.S. consumer prices inflation in the month of December raised expectations the Federal Reserve will slow down the pace of its interest rate hikes in the coming months.

The benchmark S&P/TSX Composite Index ended with a gain of 186.15 points or 0.93% at 20,211.20.

Healthcare and energy stocks rallied sharply. Materials, real estate, financials and communications shares were also among the prominent gainers.

The Health Care Capped Index surged 3.61%. Tilray Inc (TLRY.TO) soared 8.37%, Canopy Growth Corp (WEED.TO) climbed nearly 7% and Bellus Health (BLU.TO) rallied 5.4%. Cronos Group Inc (CRON.TO) ended with a gain of 2.4%.

The Energy Capped Index climbed 3.07%. Advantage Oil & Gas (AAV.TO), MEG Energy (MEG.TO), Nuvista Energy (NVA.TO), Peyto Exploration (PEY.TO), Tourmaline Oil Corp (TOU.TO), Parex Resources (PXT.TO) and Birchcliff Energy (BIR.TO) gained 5 to 7%.

Among materials shares, K92 Mining Inc (KNT.TO) rallied 6.2%. Lithium Americas Corp (LAC.TO), Labrador Iron Ore Royalty Corp (LIF.TO), Algoma Steel Group (ASTL.TO), Osisko Mining Inc (OSK.TO), Filo Mining (FIL.TO) and Hudbay Minerals (HBM.TO) ended higher by 3 to 3.5%.

Data released by the Labor Department showed U.S. consumer price index edged down by 0.1% in December after inching up by 0.1% in November. Economists had expected consumer prices to come in unchanged.

The report also showed the annual rate of consumer price growth slowed to 6.5% in December from 7.1% in November, in line with expectations. The annual growth was the slowest since October 2021.

The annual rate of core price growth slowed to 5.7% in December from 6% in November. The year-over-year growth was also in line with expectations.

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Sensex, Nifty Modestly Lower In Cautious Trade

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 | 1 ชม. 32 นาทีที่ผ่านมา
Australian Market Slips To Losses In Mid-market

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 | 2 ชม. 35 นาทีที่ผ่านมา
Asian Markets Trade Mixed

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 | 2 ชม. 54 นาทีที่ผ่านมา
Sensex, Nifty Seen Opening Higher On Trade Deal Hopes

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 | 3 ชม. 27 นาทีที่ผ่านมา
Thai Shares Expected To Open To The Upside On Tuesday

Thai Shares Expected To Open To The Upside On Tuesday

The Thai stock market has moved higher in two of three trading days since the end of the five-day losing streak in which it had dropped more than 15 points or 1.2 percent. The Stock Exchange of Thailand now sits just above the 1,305-point plateau and it's called higher again on Tuesday. The global forecast for the Asian markets is broadly positive on optimism that the end of the U.S. government shutdown in near. The European and U.S. markets were sharply higher and the Asian bourses are expected to follow that lead.
RTTNews | 3 ชม. 58 นาทีที่ผ่านมา
Rebound Tipped For Indonesia Stock Market

Rebound Tipped For Indonesia Stock Market

The Indonesia stock market on Monday snapped the three-day winning streak in which it had gained almost 160 points or 1.2 percent. The Jakarta Composite Index now sits just above the 8,390-point plateau although it's expected to see renewed support on Tuesday. The global forecast for the Asian markets is broadly positive on optimism that the end of the U.S. government shutdown in near. The European and U.S. markets were sharply higher and the Asian bourses are expected to follow that lead. The JCI finished slightly lower on Monday as losses from the financials and telecoms were mitigated by support from the resource stocks and a mixed picture from the cement companies. For the day, the index eased 3.35 points or 0.04 percent to finish at the daily low of 8,391.24 after peaking at 8,478.15. Among the actives, Bank CIMB Niaga shed 0.57 percent, while Bank Mandiri fell 0.42 percent, Bank Danamon Indonesia collected 0.40 percent, Bank Negara Indonesia tumbled 1.78 percent, Bank Central Asia skidded 1.15 percent, Bank Rakyat Indonesia slumped 1.26 percent, Indosat Ooredoo Hutchison plunged 3.72 percent, Indocement improved 0.78 percent, Semen Indonesia plummeted 4.17 percent, Indofood Sukses Makmur slipped 0.35 percent, United Tractors rallied 1.36 percent, Energi Mega Persada surged 4.60 percent, Astra Agro Lestari dropped 0.96 percent, Aneka Tambang rose 0.34 percent, Vale Indonesia eased 0.22 percent, Timah soared 6.85 percent, Bumi Resources spiked 6.38 percent and Astra International was unchanged. The lead from Wall Street is solid as the major averages opened higher on Monday and largely spent most of the sessions firmly in positive territory.
RTTNews | 4 ชม. 28 นาทีที่ผ่านมา
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is trading significantly higher on Tuesday, extending the gains in the previous session, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is moving well above the 51,350 level, with gains in index heavyweights, financial and technology and stocks.
RTTNews | 4 ชม. 42 นาทีที่ผ่านมา
Higher Open Predicted For Hong Kong Stock Market

Higher Open Predicted For Hong Kong Stock Market

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RTTNews | 4 ชม. 43 นาทีที่ผ่านมา