TSX Ends Modestly Higher

RTTNews | 1058天前
TSX Ends Modestly Higher

(RTTNews) - The Canadian market ended modestly higher on Monday after a cautious session as investors looked for direction.

With the focus shifting to the Federal Reserve's monetary policy announcement, due on Wednesday, the mood remained cautious right through the day's session. The data on U.S. inflation, due on Tuesday, is also eyed.

Worries about a surge in Covid cases in China hurt sentiment and limited market's upside.

The benchmark S&P/TSX Composite Index ended up by 72.63 points or 0.36% at 20,019.70, almost at the day's high. The index touched a low of 19,834.33 in the session.

Technology stocks had a good outing. Several stocks from industrials, energy and utilities sectors too closed on a firm note. Shares from the rest of the sectors ended on a mixed note.

Filo Mining Corp (FIL.TO) soared more than 11%. Enghouse Systems (ENGH.TO) climbed 6.2%, while Tucows Inc (TC.TO), Bombardier Inc (BBD.A.TO) and Kinaxis Inc (KXS.TO) gained 4 to 4.4%.

Nuvei Corporation (NVEI.TO), Onex Corporation (ONEX.TO), Constellation Software (CSU.TO), Colliers International (CIGI.TO), Magna International (MG.TO), Precision Drilling Corporation (PD.TO), Descartes Systems Group (DSG.TO) and CGI Inc (GIB.A.TO) ended higher by 2 to 3.7%.

First Quantum Minerals (FM.TO), Imperial Oil (IMO.TO), Sprott Inc (SII.TO), Canadian Tire Corporation (CTC.TO), Aritzia (ATZ.TO), Dollarama (DOL.TO), Canadian Imperial Bank of Commerce (CM.TO), Loblaw Companies (L.TO) and Boyd Group Services (BYD.TO) ended lower by 1 to 4%.

read more
China Services Activity Expands On New Business

China Services Activity Expands On New Business

China's service sector continued to grow in October as new business growth accelerated despite a fall in export sales, survey data published by S&P Global showed on Wednesday. The headline RatingDog service Purchasing Managers' Index fell to 52.6 in October from 52.9 in September. Although the growth was the softest in three months, the sector extended the current period of expansion.
RTTNews | 1小时8分钟前
Australian Market Extends Early Losses In Mid-market

Australian Market Extends Early Losses In Mid-market

The Australian stock market is extending its early losses in mid-market moves on Wednesday, adding to the losses in the previous session, with the benchmark S&P/ASX 200 falling well below the 8,800 level, following the broadly negative cues from Wall Street overnight, dragged by tumbling mining, energy and technology stocks.
RTTNews | 3小时29分钟前
Asian Markets A Sea Of Red

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Wednesday, following the broadly negative cues from Wall Street overnight, dragged by the benchmark indexes in Japan and South Korea which are plunging 4 to 5 percent each on concerns over stretched valuations as global tech stocks tumble on fears that an AI bubble is about to burst. Asian markets closed mostly lower on Tuesday.
RTTNews | 3小时48分钟前
No Help Yet For Thai Stock Market

No Help Yet For Thai Stock Market

The Thai stock market has moved lower in four straight sessions, slumping more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just shy of the 1,300-point plateau and it's expected to open in the red again on Wednesday.
RTTNews | 4小时54分钟前
Indonesia Shares Tipped To Open In The Red

Indonesia Shares Tipped To Open In The Red

The Indonesia stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had picked up almost 100 points or 1.2 percent. The Jakarta Composite Index now sits just above the 8,240-point plateau and the losses may accelerate on Wednesday.
RTTNews | 5小时24分钟前
Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese stock market is trading sharply lower on Wednesday, extending the losses in the previous four sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is tumbling nearly 3 percent to below the 50,050 level, with weakness across most sectors led by index heavyweights and technology stocks.
RTTNews | 5小时31分钟前