TSX Ends Weak Again

RTTNews | 672 ngày trước

(RTTNews) - The Canadian market opened higher Tuesday morning and advanced further in early trades, but turned weak around late morning and eventually ended the day's session on a negative note, losing for the fifth consecutive session.

The benchmark S&P/TSX Composite Index ended with a loss of 60.25 points or 0.32% at 18,986.49.

Energy stocks posted sharp losses. Industrials and financials shares were also weak. Healthcare, communications, technology and consumer discretionary stocks climbed higher.

Energy stocks Tamarack Valley Energy (TVE.TO), Parex Resources (PXT.TO), Cenovus Energy (CVE.TO), Tourmaline Oil Corp (TOU.TO) and Vermilion Energy (VET.TO) and Suncr Energy (SU.TO) lost 1.4 to 2.8%.

In the Industrials section, Tfi International (TFII.TO) plunged 8.3%. Snc-Lavalin Group Inc (SUV.TO), Cargojet Inc (CJT.TO), WSP Global (BBU.TO) and Mullen Group (MTL.TO) declined 2 to 4%.

Toronto-Dominion Bank (TD.TO), EQB Inc (EQB.TO), Canadian Imperial Bank of Commerce (CM.TO) and Bank of Montreal (BMO.TO) were among the major losers in the banking space.

Healthcare stocks Tilray Inc (TLRY.TO) and Bausch Health Companies Inc (BHC.TO) gained 8.6% and 1.9%, respectively.

In the technology sector, Hut 8 Mining Corp (HUT.TO) soared more than 10%. Bitfarms (BITF.TO) climbed nearly 10%. BlackBerry (BB.TO) surged 6.3%, while Lightspeed Commerce Inc (LSPD.TO) and Docebo Inc (DCBO.TO) gained 4.3% and 4.2%, respectively. Shopify Inc (SHOP.TO), Enghouse Systems Inc (ENGH.TO) and Tecsys Inc (TCS.TO) climbed 2 to 3%.

Rogers Communications Inc (RCI.B.TO) gained 2.1%, and Telus Corp (T.TO) advanced 1.3%. Cogeco Communications (CCA.TO) and BCE Inc (BCE.TO) also ended notably higher.

Consumer discretionary stocks Mty Food Group (MTY.TO) ended 3.25% down and Restaurant Brands International (QSR.TO) were among the major gainers in the consumer discretionary band.

In economic news, data from Statistics Canada showed new home prices in Canada went down (NSE. Inc.) 0.2% month-over-month.

Year-on-year, the cost of new homes fell by 1% in September 2023, the sixth consecutive decline since November 2019.

Mild Upside Seen For Thai Stock Market

The Thai stock market on Tuesday ended the two-day winnings streak in which it had picked up almost 20 points or 1.6 percent. The Stock Exchange of Thailand now sits just above the 1,250-point plateau although it figures to move back to the upside again on Wednesday.

RTTNews | 1h 35phút trước

Japanese Market Slightly Lower

The Japanese stock market is slightly lower in choppy trading on Wednesday, extending the losses in the previous session, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying below the 42,400 level, with a mixed performance across all sectors.

RTTNews | 1h 53phút trước

Indonesia Shares May Reverse Tuesday's Losses

The Indonesia stock market headed south again on Tuesday, one day after snapping the two-day slide in which it had fallen almost 85 points or 1.1 percent. The Jakarta Composite Index now sits just above the 7,900-point plateau although it's looking to bounce higher again 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 | 2h 5phút trước

Australian Market Modestly Higher

Australian shares are trading modestly higher on Wednesday, recouping the losses in the previous session, with the benchmark S&P/ASX 200 moving above the 8,950 level, following the broadly positive cues from Wall Street overnight, with gains in mining and financial stocks.

RTTNews | 2h 11phút trước

Hong Kong Shares Expected To Open To The Upside

The Hong Kong stock market on Tuesday ended the two-day winning streak in which it had advanced more than 825 points or 3.4 percent. The Hang Seng Index now rests just above the 25,520-point plateau although it may find renewed support on Wednesday.

RTTNews | 2h 20phút trước

Higher Open Called For China Stock Market

The China stock market on Tuesday halted the four-day winning streak in which it had rallied almost 160 points or 4.4 percent. The Shanghai Composite Index now sits just beneath the 3,870-point plateau although it may move back to the upside again on Wednesday.

RTTNews | 2h 35phút trước

Win Streak May Continue For Taiwan Stock Market

The Taiwan stock market has tracked higher in back-to-back sessions, gathering almost 540 points or 2.2 percent along the way. The Taiwan Stock Exchange now rests just above the 24,300-point plateau and it may add to its winnings again on Wednesday.

RTTNews | 3h 5phút trước

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 | 3h 35phút trước

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