Canadian Market Ends On Firm Note

RTTNews | 572 ngày trước

(RTTNews) - The Canadian market shrugged off early weakness and ended on a firm note on Thursday, led by gains in materials, industrials, consumer sectors.

The benchmark S&P/TSX Composite Index ended with a gain of 97.33 points or 0.46% at 21,119.21. The index climbed to 21,189.26 in early trades, but dropped to 20,980.93 around late morning, but recovered gradually as the session progressed to eventually close well above the flat line.

Aritzia Inc (ATZ.TO) rallied 7.3%. Cameco Corporation (CCO.TO) and Sprott Inc (SII.TO) climbed 5.4% and 5%, respectively. Nutrien (NTR.TO) ended stronger by 3.8%.

Boyd Group Services (BYD.TO), Canadian Pacific Kansas City (CP.TO) and CGI Inc (GIB.A.TO) gained 2.4 to 3%. Franco-Nevada Corporation (FNV.TO), Canadian National Railway (CNR.TO), Thomson Reuters Corporation (TRI.TO), Waste Connections (WCN.TO), WSP Global (WSP.TO) and FirstService Corporation (FSV.TO) advanced 1 to 2%.

Shopify Inc (SHOP.TO) ended more than 4.5% down. MEG Energy Corp (MEG.TO), Westshore Terminals (WTF.TO), Tecsys Inc (TCS.TO) and Precision Drilling Corporation (PD.TO) declined 3.7%, 3.3% and 2.5%, respectively.

Canadian Natural Resources (CNQ.TO), Imperial Oil (IMO.TO), TFI International (TFII.TO) and Brookfield Corporation (BN.TO) also ended notably lower.

Rogers Communications Inc. (RCI.A.TO) gained 1.1%. The company reported adjusted net income of C$630 million for the quarter ended December 31, 2023, compared to adjusted net income of $554 million in the corresponding quarter of the previous year. The company announced that its Board of Directors declared a quarterly dividend totaling 50 cents per share on each of its outstanding Class B Non-Voting shares ("Class B Shares") and Class A Voting shares.

Canada Goose Holdings Inc. (GOOS.TO) soared nearly 8% after reporting adjusted net income of $138.6 million or $1.37 per diluted share for the third-quarter, compared with an adjusted net income of $134.5 million or $1.27 per diluted share in the prior year period.

Real Matters Inc. (REAL.TO) tumbled 7%. The company reported first-quarter net loss of $3.6 million compared with a net loss of $4.6 million in the first quarter of the previous financial year.

On the economic front, a report from S&P Global showed an improvement in Canadian manufacturing activity. The S&P Global Canada Manufacturing PMI improved to 48.3 in January from 45.4 in the preivous month, marking the slowest contraction since October.

Singapore Stock Market Expected To Open In The Green

The Singapore stock market on Tuesday snapped the five-day winning streak in which it had climbed almost 70 points or 1.6 percent. The Straits Times Index now sits just above the 4,240-point plateau although it may move back above water on Wednesday.

RTTNews | 35 phút trước

Malaysia Stock Market Expected To Open To The Upside On Wednesday

The Malaysia stock market on Tuesday wrote a finish to the three-day winning streak in which it had collected almost 15 points or 0.9 percent. The Kuala Lumpur Composite Index now sits just above the 1,580-point plateau although it's likely to rebound on Wednesday.

RTTNews | 1h 5phút trước

Japan Stock Market May See Renewed Support

The Japan stock market on Tuesday halted the two-day winning streak in which it had advanced almost 200 points or 0.5 percent. The Nikkei 225 now rests just beneath the 42,400-point plateau although it's expected to open in the green on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead. The Nikkei finished sharply lower on Tuesday following losses from the financial shares, technology stocks and automobile producers. For the day, the index slumped 413.42 points or 0.97 percent to finish at 42,394.40 after trading between 42,137.62 and 42,703.27. Among the actives, Nissan Motor plummeted 6.25 percent, while Mazda Motor added 0.40 percent, Toyota Motor retreated 1.41 percent, Honda Motor tumbled 1.71 percent, Softbank Group dropped 0.91 percent, Mitsubishi UFJ Financial sank 0.72 percent, Mizuho Financial shed 0.45 percent, Sumitomo Mitsui Financial skidded 1.01 percent, Mitsubishi Electric tumbled 1.91 percent, Sony Group declined 1.87 percent, Panasonic Holdings slumped 1.11 percent and Hitachi contracted 1.63 percent.

RTTNews | 1h 20phút trước

Rebound Tipped For South Korea Stock Market

The South Korea stock market on Tuesday ended the three-day winning streak in which it had improved almost 80 points or 2.6 percent. The KOSPI now sits just shy of the 3,180-point plateau although it may reverse those losses on Wednesday. The global forecast for the Asian markets is cautiously optimistic, with tech shares likely to rise ahead of key earnings news later in the day. The European markets were down and the U.S. bourses were up and the Asian markets figures to follow the latter lead.

RTTNews | 1h 35phút trước

Australia Construction Work Data Due On Wednesday

Australia will on Wednesday see Q2 numbers for construction work done, highlighting a light day for Asia-Pacific economic activity.

RTTNews | 2h 35phút trước

U.S. Dollar Falls Against Majors

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

RTTNews | 3h 47phút trước

TSX Modestly Higher As Financials, Mining Stocks Move Up

Despite concerns about global trade, and political uncertainty in Europe, the Canadian market is modestly higher Tuesday afternoon, supported by gains in materials, industrials and financials sectors.

RTTNews | 6h 9phút trước

Swiss Market Settles Weak

After opening with a big negative gap Tuesday morning, the Swiss market gradually recovered some lost ground, and even managed a brief spell in positive territory midway through the session, but failed to sustain momentum and finally ended the day's session in the red.

RTTNews | 6h 27phút trước

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