TSX Fails To Hold Early Gains, Ends On Weak Note

RTTNews | 1535 days ago
Stocktwits
TSX Fails To Hold Early Gains, Ends On Weak Note

(RTTNews) - Despite opening on a firm note and holding in positive territory till a little before noon, the Canadian market slipped into the red and ended on a weak note on Tuesday.

Technology, consumer staples, consumer discretionary, healthcare, materials and industrials shares drifted lower, while energy stocks turned in a fine performance as crude oil prices rose sharply.

The benchmark S&P/TSX Composite Index, which climbed to 19,500.89 earlier in the session, ended the day at 19,222.74, down 35.58 points or 0.18% from the previous close.

Lightspeed Commerce (LSPD.TO) amd Shopify Inc (SHOP.TO) ended lower by about 7% and 6.1%, respectively. Cargojet (CJT.TO), Agnico Eagle Mines (AEM.TO), Thomson Reuters (TRI.TO), Alimentation Couche-Tard Inc (ATD.B.TO), Premium Brands International (PBH.TO), West Fraser Timber (WFG.TO) and Canadian National Railway (CNR.TO) shed 2 to 4%.

ARC Resources (ARX.TO) rallied nearly 9%. Paramount Resources (POU.TO) climbed 6.5%. Tourmaline Oil Corp (TOU.TO), Fairfax Financial Holdings (FFH.TO), Canadian Natural Resources (CNQ.TO), Vermilion Energy (VET.TO) and Precision Drilling Corporation (PD.TO) gained 2 to 5.3%.

Imperial Oil (IMO.TO), Kinaxis Inc (KXS.TO) and Nutrien (NTR.TO) were among the other notable gainers.

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Losing Streak May Continue For Thai Stock Market

Losing Streak May Continue For Thai Stock Market

The Thai stock market has moved lower in back-to-back sessions, sinking more than 5 points or 0.3 percent along the way. The Stock Exchange of Thailand now sits just above the 1,615-point plateau and it's tipped to open under water again on Friday.
RTTNews | 31 minutes ago
Japanese Market Sharply Lower

Japanese Market Sharply Lower

The Japanese market is trading sharply lower on Friday, reversing the gains in the previous session, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 63,550 level, with weakness in index heavyweights, exporters and technology stocks partially offset by gains in automakers.
RTTNews | 54 minutes ago
Indonesia Stock Market Tipped To Open In The Red

Indonesia Stock Market Tipped To Open In The Red

The Indonesia stock market has finished lower in two straight sessions, surrendering almost 100 points or 1.4 percent in that span. The Jakarta Composite Index now rests just beneath the 6,590-point plateau and it may continued selling pressure on Friday.
RTTNews | 1h 1min ago
No Help Yet For Hong Kong Stock Market

No Help Yet For Hong Kong Stock Market

The Hong Kong stock market has moved lower in three straight sessions, sliding more than 650 points or 2.6 percent along the way. The Hang Seg Index now sits just above the 24,950-point plateau and it's likely to extend its losses on Friday.
RTTNews | 1h 16min ago
Australian Market Sharply Lower

Australian Market Sharply Lower

The Australian stock market is trading sharply lower on Friday, extending the losses in the previous three sessions, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,750 level, with weakness in mining and technology stocks partially offset by gains in financial and energy stocks.
RTTNews | 1h 23min ago
Soft Start Anticipated For China Stock Market

Soft Start Anticipated For China Stock Market

The China stock market on Thursday ended the three-day winning streak in which it had risen more than 20 points or 0.5 percent. The Shanghai Composite Index now sits just above the 3,930-point plateau and it's expected to see continued consolidation on Friday.
RTTNews | 1h 31min ago
Lower Open Called For Taiwan Stock Market

Lower Open Called For Taiwan Stock Market

The Taiwan stock market has finished lower in two of three trading days since the end of the two-day winning streak in which it had advanced almost 1,475 points or 3.5 percent. The Taiwan Stock Exchange now sits just above the 46,940-point plateau and it's looking at another soft start again on Friday.
RTTNews | 2h 1min ago
Singapore Stock Market May Open In The Red

Singapore Stock Market May Open In The Red

The Singapore stock market has finished lower in four straight sessions, slumping almost 110 points or 3.4 percent in that span. The Straits Times Index now sits just beneath the 5,690-point plateau and it figures to open in the red again on Friday.
RTTNews | 2h 31min ago
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