Loading...

Canadian Market Ends On Firm Note

RTTNews | 1268 days ago

Canadian Market Ends On Firm Note

(RTTNews) - The Canadian market ended on a firm note on Monday, led by gains in energy, consumer staples and utilities sectors.

The mood remained positive right through the day's session amid easing concerns about global banking crisis following the latest developments in the sector.

U.S. Federal Deposit Insurance Corporation (FDIC) said First Citizens BancShares has entered into a loss-share transaction for all deposits and loans of Silicon Valley Bank (SVB).

Remarks by U.S. Fed officials that there is no indication that financial stress is worsening also contributed to the positive sentiment in the market.

The benchmark S&P/TSX Composite Index ended with a gain of 123.25 points or 0.63% at 19,624.74.

The Energy Capped Index surged 2.16%. Athabasca Oil Corp (ATH.TO) and Baytex Energy Corp (BTE.TO) climbed 7.2% and 6.3%, respectively. Cenovus Energy (CVE.TO) advanced 4.2% and MEG Energy Corp (MEG.TO) gained nearly 4%. Vermilion Energy (VET.TO), Crescent Point Energy (CPG.TO), Whitecap Resources (WCP.TO), Suncor Energy (SU.TO) and Imperial Oil (IMO.TO) also rallied sharply.

Consumer staples shares Maple Leaf Foods (MFI.TO), The North West Company Inc (NWC.TO), Weston George (WN.TO) and Loblaw (L.TO) gained 2 to 3.1%.

In the Utilities section, Hydro One (H.TO) gained 2.3% and Brookfield Renewable Partners (BEP.UN.TO) surged nearly 2%, while Altagas (ALA.TO), Canadian Utilties (CU.TO) and Superior Plus Corp (SPB.TO) climbed 1.5 to 1.6%.

Among financials shares, Toronto-Dominion Bank (TD.TO) gained nearly 2%, Laurentian Bank (LB.TO) surged 1.65%, National Bank of Canada (NA.TO) advanced 1.33%, and Sun Life Financial (SLF.TO) gained 1.1% and Bank of Nova Scotia (BNS.TO) moved up nearly 1%.

read more

Swiss Market Ends Moderately Lower

Swiss Market Ends Moderately Lower

The Switzerland stock market ended weak on Tuesday as worries about geopolitical tensions, rising bond yields and elevated oil prices rendered the mood cautious.

RTTNews | 27 minutes ago

European Stocks Close Weak

European Stocks Close Weak

European stock markets ended lower on Tuesday as investors awaited monetary policy decisions from the Federal Reserve, Bank of England, and Bank of Japan. Rising bond yields, elevated oil prices following Saudi pipeline closures, and mixed economic data across the region weighed on sentiment.

RTTNews | 42 minutes ago

New York Manufacturing Index Pulls Back Sharply But Remains Positive

New York Manufacturing Index Pulls Back Sharply But Remains Positive

The Federal Reserve Bank of New York released a report on Tuesday showing its reading on regional manufacturing activity fell by much more than expected in the month of September but still indicated growth. The New York Fed said its general business conditions index slumped to 7.6 in September from 20.6 in August.

RTTNews | 4h 48min ago

New York Manufacturing Index Slumps Much More Than Expected In September

New York Manufacturing Index Slumps Much More Than Expected In September

The Federal Reserve Bank of New York released a report on Tuesday showing its reading on regional manufacturing activity fell by much more than expected in the month of September but still indicated growth.

RTTNews | 5h 42min ago

Bay Street Likely To Open On Slightly Weak Note

Bay Street Likely To Open On Slightly Weak Note

Weak Canadian and U.S. futures, lower precious metals prices and concerns about inflation and interest rates could weigh on Canadian stocks Tuesday morning. Investors look ahead to Federal Reserve's monetary policy announcement on Wednesday.

RTTNews | 5h 51min ago

Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the European session on Tuesday.

RTTNews | 6h 10min ago

FTSE 100 Recovers Despite Weak UK Jobs Data, Oil Concerns

FTSE 100 Recovers Despite Weak UK Jobs Data, Oil Concerns

The FTSE 100 recovered from early losses on Tuesday as consumer and real estate stocks rallied. Disappointing employment data and oil price concerns pressured equities, while traders awaited policy guidance from global central banks.

RTTNews | 6h 38min ago

Rising Oil Prices, Inflation Push CAC 40 To 4-Month Trough

Rising Oil Prices, Inflation Push CAC 40 To 4-Month Trough

France's annual inflation rate climbed to 2.4% in August from 2.1% in July, marking the highest reading in three months. The CAC 40 slid to a four-month low amid rising oil prices and elevated bond yields.

RTTNews | 7h 4min ago

Terms | Privacy | Site Map | Site Map Calendar

© 2026 Myfxbook Ltd. All Rights Reserved.

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment. Do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions. Any data and information is provided 'as is' solely for informational purposes, and is not intended for trading purposes or advice. Past performance is not indicative of future results.