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Canadian Market Down In Negative Territory; Technology Shares Lose Ground

RTTNews | 953 hari yang lalu

Canadian Market Down In Negative Territory; Technology Shares Lose Ground

(RTTNews) - The Canadian market is down in negative territory a few minutes before noon on Wednesday with losses in technology and materials sectors offsetting gains in energy sector.

The mood is a bit cautious with investors awaiting the release of the minutes of the Federal Reserve's latest monetary policy meeting, due later in the day.

The benchmark S&P/TSX Composite Index, which dropped to 21,118.09, is down 64.13 points or 0.3% at 21,153.40 a few minutes before noon.

The Energy Capped Index is up 2.5%. Advantage Oil & Gas (AAV.TO), Peyto Exploration and Development Corp (PEY.TO), Tourmaline Oil Corp (TOU.TO), Nuvista Energy (NVA.TO), Arc Resources (ARX.TO), Birchcliff Energy (BIR.TO), Paramount Resources (POU.TO), Baytex Energy (BTE.TO), Whitecap Resources (WCP.TO) and Imperial Oil (IMO.TO) are down 3 to 6%.

Technology stocks Hut 8 Corp (HUT.TO), Computer Modelling Group (CMG.TO), Kinaxis Inc (KXS.TO), Open Text Corp (OTEX.TO), Shopify Inc (SHOP.TO) and Enghouse Systems (ENGH.TO) are down 3 to 5%.

Among materials shares, Wheaton Precious Metals (WPM.TO) is plunging nearly 9%. Ssr Mining (SSRM.TO) is down 3.2%, while Kinross Gold Corp (K.TO), Osisko Mining (OSK.TO), Torex Gold Resources (TXG.TO) and Ivanhoe Mines (IVN.TO) are down 2 to 3.5%.

Methanex Corp (MX.TO) and First Quantum Minerals (FM.TO) are up 3.6% and 3.5%, respectively. Lithium Americas Argentina Corp (LAAC.TO), Ero Copper (ERO.TO), Novagold Resources (NG.TO) and Interfor Corp (IFP.TO) are gaining 2 to 2.2%.

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Thai Stock Market May Extend Thursday's Gains

Thai Stock Market May Extend Thursday's Gains

The Thai stock market on Thursday ended the three-day losing streak in which it had fallen almost 50 points or 3.1 percent. The Stock Exchange of Thailand now sits just above the 1,560-point plateau and it may open to the upside again on Friday.

RTTNews | 22 menit yang lalu

Indonesia Stock Market Overdue For Support

Indonesia Stock Market Overdue For Support

The Indonesia stock market has finished lower in six straight sessions, tumbling more than 360 points or 5.4 percent along the way. The Jakarta Composite Index now sits just above the 6,000-point plateau and it may stop the bleeding on Friday.

RTTNews | 52 menit yang lalu

Japanese Market Significantly Lower

Japanese Market Significantly Lower

The Japanese market is trading significantly lower on Friday, reversing some of the gains in the previous two sessions, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 68,400 level, with weakness in index heavyweights and automaker stocks.

RTTNews | 55 menit yang lalu

Australian Market Notably Higher

Australian Market Notably Higher

The Australian stock market is trading notably higher on Friday, reversing some of the sharp losses in the previous session, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,650 level, with gains in energy, financial and technology stocks.

RTTNews | 1 jam 19 menit yang lalu

Higher Open Anticipated For Hong Kong Shares

Higher Open Anticipated For Hong Kong Shares

Ahead of Thursday's holiday for National Day, the Hong Kong stock market had moved higher in two of three trading days since the end of the three-day slide in which it had given up almost 600 points or 2.5 percent. The Hang Seng now sits just above the 24,610-point plateau and it's tipped to open in the green on Friday.

RTTNews | 1 jam 22 menit yang lalu

Taiwan Stock Market May Tick Higher Again On Friday

Taiwan Stock Market May Tick Higher Again On Friday

The Taiwan stock market has moved higher in two straight sessions, climbing more than 700 points or 1.5 percent along the way. The Taiwan Stock Exchange now sits just above the 48,350-point plateau and it may see mild upside again on Friday.

RTTNews | 1 jam 52 menit yang lalu

Bargain Hunting May Boost Singapore Stock Market

Bargain Hunting May Boost Singapore Stock Market

The Singapore stock market has finished lower in three straight sessions, shedding almost 65 points or 1.2 percent in that span. The Straits Times Index now sits just above the 5,665-point plateau although it's due for support on Friday.

RTTNews | 2 jam 22 menit yang lalu

Japan Jobless Rate Climbs To 2.5%

Japan Jobless Rate Climbs To 2.5%

The unemployment rate in Japan came in at a seasonally adjusted 2.5 percent in August, the Ministry of Internal Affairs and Communications said on Friday.

RTTNews | 2 jam 46 menit yang lalu

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