TSX Ends Marginally Up, Gains 1.05% In Week

RTTNews | 979 hari yang lalu

(RTTNews) - Canadian stocks swung between gains and losses in a tight band in cautious trade on Friday before ending the day's session marginally up, with investors largely refraining from making significant moves as they continued to assess the likely move of the Federal Reserve next week.

The Fed, which is scheduled to announce its monetary policy next Wednesday, is widely expected to hold rates unchanged, but the central bank's accompanying statement is eyed for clues about the likely timing of interest rate cuts.

The benchmark S&P/TSX Composite Index, which moved between 21,079.90 and 21,142.31, ended the session with a gain of 23.74 points or 0.11% at 21,125.28. The index gained about 1.05% in the week.

Hut 8 Corp (HUT.TO) and Bitfarms (BITF.TO) soared 13.15% and 11.8%, respectively. Coveo Solutions (CVO.TO) climbed nearly 8%. Computer Modelling Group (CMG.TO), Lightspeed Commerce (LSPD.TO), Kinaxis Inc (KXS.TO), Copperleaf Technologies (CPLF.TO) and Shopify Inc (SHOP.TO) also ended notably higher.

Real estate stocks Interrent Real Estate (IIP.UN.TO) and First Capital REIT Units (FCR.UN.TO) gained 2% and 1.7%, respectively.

EQB Inc (EQB.TO), Cogeco Inc (CGO.TO), Cogeco Communications (CCA.TO) and Fairfax Financial Holdings (FFH.TO) advanced 2 to 3%. WSP Global (WSP.TO), Onex Corporation (ONEX.TO) and goeasy (GSY.TO) also ended with strong gains.

Boralex Inc (BLX.TO) ended lower by about 3.3%. Premium Brands Holdings (PBH.TO), Docebo Inc (DCBO.TO), George Weston (WN.TO), Alimentation Couche-Tard Inc (ATD.TO) and Cargojet (CJT.TO) drifted down by 1 to 1.7%.

On the economic front, data from Statistics Canada showed wholesales in Canada rose 0.8% month-on-month in December, after rising 0.9% in November, according to preliminary estimates.

baca selengkapnya

U.S. Construction Spending Unexpectedly Increases In August

A report released by the Commerce Department on Thursday showed an unexpected increase in U.S. construction spending in the month of August. The Commerce Department said construction spending climbed by 0.9 percent to an annual rate of $2.203 trillion in August after edging down by 0.1 percent to a revised rate of $2.185 trillion in July.

RTTNews | 2 jam 42 menit yang lalu

U.S. Manufacturing Index Edges Lower In September But Still Indicates Growth

Manufacturing activity in the U.S. expanded for the ninth consecutive month in September, according to a report released by the Institute for Supply Management on Thursday. The ISM said its manufacturing PMI edged down to 54.5 in September from 54.6 in August, but a reading above 50 still indicates growth. Economists had expected the index to inch up to 55.0.

RTTNews | 2 jam 49 menit yang lalu

U.S. Jobless Claims Unexpectedly Edge Down To 197,000

A day ahead of the release of its more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits unexpectedly edged slightly lower in the week ended September 26th. The Labor Department said initial jobless claims slipped to 197,000, a decrease of 1,000 from the previous week's revised level of 198,000.

RTTNews | 4 jam 20 menit yang lalu

Accenture Shares Climb On Strong Q4, Positive Outlook, $9.5 Bln Return Plan

Shares of Accenture plc were climbing around 18 percent in pre-market activity on the NYSE after the Irish professional services company reported Thursday strong growth in fourth-quarter earnings, revenues and bookings, with improved performance in all industry groups and regions. Further, the firm issued positive outlook for first quarter and fiscal 2027.

RTTNews | 4 jam 23 menit yang lalu

Bond Yields, Oil Prices Drive European Stocks To Multi-Month Low

European equities declined sharply Thursday amid weak UK housing data and softer French manufacturing reports. Despite easing US inflation concerns, investors remained reluctant to add stock positions. Oil prices climbed on Middle East tensions, with Brent crude reaching $100.79 per barrel.

RTTNews | 4 jam 33 menit yang lalu

U.S. Weekly Jobless Claims Unexpectedly Edge Down To 197,000

RTTNews | 5 jam 7 menit yang lalu

Materials, Energy Stocks May Climb Higher On Firm Commodity Prices

Bay Street is likely to open on a positive note on Thursday, tracking higher crude oil and precious metals prices. Still, inflation and interest rate concerns and higher bond yields could weigh on sentiment and limit market's upside.

RTTNews | 5 jam 13 menit yang lalu

Sensex, Nifty50 Extend Losses To 4th Session

India's key equity indices Sensex and Nifty50 declined for a fourth consecutive session Thursday, driven by rising oil prices, elevated bond yields, and foreign institutional investor selling ahead of a long weekend. Sensex fell 0.79% while Nifty50 dropped 0.88%.

RTTNews | 5 jam 50 menit yang lalu

EURUSD	1.12323	GBPUSD	1.31978
USDJPY	157.728	USDCAD	1.42386