TSX Rises For 7th Straight Session, Ends Marginally Up

RTTNews | 1029 gün önce

(RTTNews) - The Canadian stock market ended marginally up after moving in a tight range on Monday, extending gains to a seventh straight session. Healthcare, consumer staples and technology stocks were among the notable gainers.

Easing concerns about interest rates after last week's inflation data from the Labor Department showed consumer prices in the U.S. continued to support the market. Data on Canadian consumer prices for the month of December is due on Tuesday.

The benchmark S&P/TSX Composite Index, which opened slightly down at 20,324.38 but climbed to a high of 20,435.11 around late morning, ended the session with a gain of 30.23 points or 0.15% at 20,390.33, the highest closing level in nearly 7 weeks.

Absolute Software Corporation (ABST.TO) soared 9.25%. Tourmaline Oil Corp (TOU.TO), goeasy (GSY.TO), Loblaw Companies (L.TO), Dollarama (DOL.TO), Canadian Tire Corporation (CTC.A.TO), Precision Drilling Corporation (PD.TO) and Colliers International Group Inc (CIGI.TO) gained 1 to 2.5%.

Mullen Group (MTL.TO) plunged 8.65%. First Quantum Minerals (FM.TO) drifted down 6.1%. Cogeco Communications (CCA.TO), Cogeco Inc (CGO.TO) and SNC-Lavalin Group (SNC.TO) lost 4.52%, 4.2% and 3.8%, respectively.

Teck Resources (TECK.B.TO), Aritzia Inc (ATZ.TO) and Bombardier Inc (BBD.B.TO) also ended sharply lower.

In economic news, manufacturing sales in Canada were flat from a month earlier in November of 2022, after a downwardly revised 2.4% rise in the prior month.

Japan Shares May Extend Monday's Gains

The Japan stock market has moved higher in two of three trading days since the end of the two-day slide in which it had plunged nearly 2,200 points or 4.2 percent. The Nikkei 225 now rests just above the 50,900-point plateau and it may add to its winnings 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 Nikkei finished sharply higher on Monday following gains from the financial shares and technology stocks, while the automobile producers were mixed. For the day, the index jumped 635.39 points or 1.26 percent to finish at 50,911.76 after trading between 50,392.44 and 50,969.50. Among the actives, Nissan Motor accelerated 2.11 percent, while Mazda Motor stumbled 2.06 percent, Toyota Motor rose 0.42 percent, Honda Motor plunged 4.67 percent, Softbank Group spiked 2.56 percent, Mitsubishi UFJ Financial and Mizuho Financial both collected 0.67 percent, Sumitomo Mitsui Financial added 0.65 percent, Mitsubishi Electric gathered 0.33 percent, Sony Group improved 0.59 percent, Panasonic Holdings perked 0.15 percent and Hitachi rallied 2.15 percent. 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 | 1s 2 dakika önce

KOSPI May Break Through 4,100-Point Barrier

The South Korea stock market has tracked higher in two of three trading days since the end of the two-day slide in which it had plummeted almost 220 points or 5 percent. The KOSPI sits just beneath the 4,075-point plateau and it's tipped to open in the green 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. The KOSPI finished sharply higher on Monday with gains across the board, especially among the financial shares, technology stocks and industrials. For the day, the index surged 119.48 points or 3.02 percent to finish at 4,073.24 after trading between 3,984.24 and 4,092.91. Volume was 334 million shares worth 16.5 trillion won. There were 804 gainers and 98 decliners. Among the actives, Shinhan Financial collected 1.81 percent, while KB Financial spiked 4.28 percent, Hana Financial vaulted 4.57 percent, Samsung Electronics jumped 2.76 percent, Samsung SDI strengthened 2.94 percent, LG Electronics climbed 1.47 percent, SK Hynix rallied 4.48 percent, LG Chem expanded 3.93 percent, Lotte Chemical skyrocketed 7.12 percent, SK Innovation accelerated 3.97 percent, POSCO Holdings improved 1.51 percent, SK Telecom added 0.94 percent, KEPCO soared 4.88 percent, Hyundai Mobis gained 3.62 percent, Hyundai Motor increased 2.46 percent, Kia Motors surged 3.27 percent and Naver was unchanged.

RTTNews | 1s 17 dakika önce

Japan Current Account Data Due On Tuesday

Japan will on Tuesday release September figures for current account, highlighting a modest day for Asia-Pacific economic activity. The current account surplus is seen at 2.26 trillion yen, down from 246.35 trillion yen in the previous month.

RTTNews | 1s 47 dakika önce

Swiss Market Settles On Buoyant Note

The Switzerland market turned in a fine performance on Monday, in line with markets across the globe, amid hopes the U.S. government shutdown will end soon.

RTTNews | 5s 30 dakika önce

European Markets Close On Strong Note On Hopes Of End To US Government Shutdown

European stocks closed on a strong note on Monday and most of the major markets rebounded from multi-week lows posted in the previous session, as rising prospects of an end to the government shutdown in the U.S., helped underpin sentiment.

RTTNews | 5s 56 dakika önce

Technology, Materials Stocks Climb Higher; TSX Up Over 1%

After with a strong positive gap and moving further up north, the Canadian market remains high up in positive territory around noon on Monday with stocks from materials and technology sectors scoring impressive gains. The mood in the market is quite bullish amid prospects of an end to the US government shutdown.

RTTNews | 6s 58 dakika önce

Bay Street Looks Set To Open On Firm Note

Canadian stocks are likely to open on a firm note on Monday, riding on higher commodity prices and prospects of an end to the government shutdown in the U.S.

RTTNews | 10s 38 dakika önce

Dollar Declines Amidst Uncertain Fed Policy Outlook

The U.S. Dollar slipped during the week ended November 7 amidst uncertainty surrounding the Fed's monetary policy outlook.

RTTNews | 11s 21 dakika önce

EURUSD	1.15599	GBPUSD	1.31767	AUDUSD	0.65355
USDJPY	154.084	USDCAD	1.40206	USDCHF	0.80498