TSX Ends Higher For 3rd Straight Day

RTTNews | 505天前

(RTTNews) - The Canadian market ended sharply higher on Monday, extending gains to a third straight session, thanks to firm commodity prices and rising optimism about interest rate cuts by several central banks, including the Federal Reserve and the Bank of India, by the later part of the second quarter, or early third quarter.

The benchmark S&P/TSX Composite Index ended with a gain of 312.06 points or 1.42% at 22,259.47, near the day's high.

Technology, materials, energy and industrials shares were among the major gainers. Several stocks from utilities and financials sectors also posted strong gains.

Technology stocks Hut 8 Corp (HUT.TO) and Bitfarms (BITF.TO) gained 6.5% and 5.2%, respectively. Celestica Inc (CLS.TO), Lightspeed Commerce (LSPD.TO), Shopify Inc (SHOP.TO), Constellation Software (CSU.TO), Converge Technology Solutions (CTS.TO), Tecsys Inc (TCS.TO), BlackBerry (BB.TO) and Alithya (ALYA.TO) climbed 2.5 to 4.5%.

Baytex Energy (BTE.TO), up 5.8%, was the top gainer in the Energy Capped Index. Birchcliff Energy (BIR.TO) climbed 4.1%. Arc Resources (ARX.TO), Tourmaline Oil Corp (TOU.TO), Advantage Oil & Gas (AAV.TO), MEG Energy (MEG.TO), Whitecap Resources (WCP.TO), Crescent Point Energy (CPG.TO) and Africa Oil Corp (AOI.TO) gained 2 to 3.5%.

Materials shares Capstone Mining Corp (CS.TO), Lundin Mining Corp (LUN.TO), Iamgold Corp (IMG.TO), Pan American Silver Corp (PAAS.TO), MAG Silver (MAG.TO) and Eldorado Gold (ELD.TO) gained 3 to 6%.

In the financials sector, Great-West Lifeco Inc (GWO.TO) gained 2.6%. The company announced today that it is entering into a long-term strategic partnership with Power Sustainable Manager, a subsidiary of Power Corp of Canada (POW.TO). Power Corporation of Canada gained nearly 2%.

Bank of Montreal (BMO.TO), Manulife Financial (MFC.TO), goeasy (GSY.TO), Sun Life Financial (SLF.TO) and Bank of Nova Scotia (BNS.TO) 1 to 2%.

Brookfield Infra Partners (BIP.UN.TO), Brookfield Renewable Partners (BEP.UN.TO), Innergex Renewable Energy (INE.TO), Algonquin Power & Utilities (AQN.TO) and Hydro One (H.TO) were among the major gainers in the Utilities sector.

European Shares Set To Follow Wall Street Lower

European stocks may drift lower at open on Wednesday after U.S. stock markets retreated from record highs overnight on apprehensions about the outlook for interest-rate cuts.

RTTNews | 1小时50分钟前

Japan Private Sector Growth Weakest In 4 Months

Japan's private sector grew at the slowest pace in four months in September as the strong rise in services activity was partially offset by a steeper fall in manufacturing production, flash survey data published by S&P Global showed on Wednesday. The flash composite output index fell to 51.1 in September from a six-month high of 52.0 in August.

RTTNews | 2小时19分钟前

Sensex, Nifty Extend Losses For Fourth Day

Indian shares opened on a sluggish note on Wednesday after U.S. President Donald Trump accused India and China of being the primary funders of Russia's war in Ukraine through their continued purchase of Russian oil.

RTTNews | 2小时35分钟前

Australian Market Doubles Early Losses In Mid-market

The Australian stock market is doubling its early losses in mid-market moves on Wednesday, snapping a three-session winning streak, with the benchmark S&P/ASX 200 falling below the 8,800 level, following the broadly negative cues from Wall Street overnight, with weakness in gold miners, financial and technology stocks partially offset by gains in iron ore miners and energy stocks.

RTTNews | 4小时4分钟前

Asian Markets Track Wall Street Lower

Asian stock markets are mostly lower on Wednesday, following the negative cues from Wall Street overnight, amid rising ambiguity over the outlook for interest rates after US Fed Chair Jerome Powell gave little indication about the future path of interest rates. Renewed trade tensions with the United States and the escalating tensions in Europe and the Middle East are weighing on market sentiment.

RTTNews | 4小时21分钟前

Sensex, Nifty Seen Lower On Weak Global Cues

Indian shares may open a tad lower on Wednesday, tracking weak cues from global markets and amid renewed trade tensions with the United States.

RTTNews | 4小时41分钟前

Losing Streak May Continue For Thai Stock Market

The Thai stock market has moved lower in five straight sessions, shedding more than 35 points or 2.6 percent along the way. The Stock Exchange of Thailand now sits just above the 1,270-point plateau and it may take further damage again on Wednesday.

RTTNews | 5小时29分钟前

Japanese Market Modestly Lower

The Japanese stock market is modestly lower in post-holiday trading on Wednesday, reversing some of the gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 45,450 level, with a lack of direction leading to a mixed performance across most sectors.

RTTNews | 5小时54分钟前

EURUSD	1.17879	GBPUSD	1.34881	AUDUSD	0.66178
USDJPY	148.07	USDCAD	1.38573	USDCHF	0.79306