TSX Ends Modestly Higher; Technology, Energy Stocks Move Up

RTTNews | 721天前
TSX Ends Modestly Higher; Technology, Energy Stocks Move Up

(RTTNews) - The Canadian market ended higher on Friday, aided by gains in healthcare, technology and energy sections.

Stocks from industrials, consumer staples and real estate sectors too posted notable gains, while other stocks turned in a mixed performance.

The benchmark S&P/TSX Composite Index, which touched a low of 19,681.77 and 19,883.57 intraday, settled with a gain of 59.92 points or 0.3% at 19,835.75. The index gained 0.1% in the week.

Healthcare stocks Tilray Inc (TLRY.TO) and Bausch Health Companies (BHC.TO) gained 3.6% and 2.6%, respectively.

In the technology sector, BlackBerry (BB.TO) soared 17.4%. Converge Technology Solutions (CTS.TO) gained about 6%. Dye & Durham (DND.TO) climbed 2.22%, and Open Text Corporation (OTEX.TO) gained nearly 2%. Enghouse Systems (ENGH.TO) and CGI Group Co. (GIB.A.TO) also posted strong gains.

Energy stocks Parex Resources (PXT.TO) climbed 2.65%. MEG Energy (MEG.TO), Cenovus Energy (CVE.TO), Vemilion Energy (VET.TO), Canadian Natural Resources (CNQ.TO), International Petroleum (IPCO.TO), Suncor Energy (SU.TO), Whitecap Resources (WCP.TO), Precision Drilling Corp (PD.TO), Enerplus Corp (ERF.TO) and PrairieSky Royalty (PSK.TO) gained 1 to 2%.

Bausch + Lomb Corporation (BLCO.TO), Newmont Corporation (NGT.TO), Royal Bank of Canada (RY.TO), National Bank of Canada (NA.TO) and Ag Growth International (AFN.TO) were among the notable losers.

Data from Statistics Canada showed wholesale sales in Canada rose by 1.4% month-over-month in July, reversing a 2.8% drop in June, according to preliminary estimates.

read more
Euro Higher Against Majors

Euro Higher Against Majors

The euro appreciated against its major counterparts in the New York session on Friday.
RTTNews | 2小时46分钟前
TSX Down Marginally In Lackluster Trade

TSX Down Marginally In Lackluster Trade

Canadian stocks are turning in a mixed performance in somewhat lackluster trade on Friday, with investors focusing on the upcoming US - Russia summit that could help end the war in Ukraine.
RTTNews | 5小时36分钟前
Swiss Market Ends On Firm Note

Swiss Market Ends On Firm Note

The Switzerland market ended on a firm note on Friday with stocks from across several sectors gaining ground on sustained buying support. The mood remained positive right through the day's session, amid some expectations about an end to the Ukraine war.
RTTNews | 6小时4分钟前
European Stocks Close Mixed After Cautious Session

European Stocks Close Mixed After Cautious Session

European stocks closed on a mixed note on Friday with investors largely staying cautious, awaiting the meeting of the Presidents of the U.S. and Russia, and continuing to assess Trump administration's tariff moves and their impact on global economic growth.
RTTNews | 6小时23分钟前
U.S. Business Inventories Rise In Line With Estimates In June

U.S. Business Inventories Rise In Line With Estimates In June

A report released by the Commerce Department on Friday showed business inventories in the U.S. increased in line with economist estimates in the month of June. The Commerce Department said business inventories rose by 0.2 percent in June after coming in unchanged in May. The uptick matched expectations.
RTTNews | 8小时0分钟前
U.S. Consumer Sentiment Unexpectedly Deteriorates In August

U.S. Consumer Sentiment Unexpectedly Deteriorates In August

Consumer sentiment in the U.S. has unexpectedly deteriorated in the month of August, according to preliminary data released by the University of Michigan on Friday. The University of Michigan said its consumer sentiment index fell to 58.6 in August from 61.7 in July. Economists had expected the index to inch up to 62.0.
RTTNews | 8小时18分钟前
U.S. Industrial Production Pulls Back Slightly In July

U.S. Industrial Production Pulls Back Slightly In July

A report released by the Federal Reserve on Friday showed a modest decrease by U.S. industrial production in the month of July. The Fed said industrial production edged down by 0.1 percent in July after climbing by an upwardly revised 0.4 percent in June. Economists had expected industrial production to come in unchanged.
RTTNews | 8小时47分钟前
New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

New York Manufacturing Index Unexpectedly Climbs To Nine-Month High In August

The Federal Reserve Bank of New York released a report on Friday showing regional manufacturing activity unexpectedly grew at a faster rate in the month of August. The New York Fed said its general business conditions index climbed to 11.9 in August from 5.5 in July, with a positive reading indicating growth. Economists had expected the index to fall to 0.5.
RTTNews | 9小时12分钟前