Category: Financial

Most actively traded companies on the TSX

Editor
Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,599.86, up 27.58 points). Bombardier Inc. (TSX:BBD.B). Industrials. Down one cent, or 0.78 per cent, to $1.28 on 19.9 million shares. Encana Corp. (TSX:ECA). Energy. Unchanged at $5.19 on 9.75 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Up eight cents, or 3.08 per cent, to $2.68 on 7.5 million shares. Aphria... Read More

Scotiabank chief economist doubtful on recession, expects interest rate cut

CanadianInvestor
Scotiabank chief economist doubtful on recession, expects interest rate cut
TORONTO — The Bank of Nova Scotia’s senior vice president and chief economist isn’t fretting over a potential recession because he believes predictions that one will hit Canada are “exaggerated.” “We don’t think a recession is likely whether that’s in the U.S., whether it’s in Canada …” said Jean Francois Perrault at the bank’s investor day in Santiago, Chile on Wednesday. “We think Canadian fundamentals remain pretty... Read More

TSX resumes record climb, loonie falls after Bank of Canada economic forecast

CanadianInvestor
TSX resumes record climb, loonie falls after Bank of Canada economic forecast
TORONTO — Canada’s main stock index resumed its climb to record highs on a broad-based rally while the loonie lost value after the Bank of Canada forecast a slower start for the economy in 2020. The S&P/TSX composite index was up 48.89 points at 17,621.17 in late-morning trading. In New York, the Dow Jones industrial average was up 51.78 points at... Read More

TSX falls for first time in seven sessions on concerns about virus outbreak

CanadianInvestor
TSX falls for first time in seven sessions on concerns about virus outbreak
TORONTO — Canada’s main stock index fell for the first time in seven sessions on concerns about a virus outbreak in China. The S&P/TSX composite index closed down 25.11 points at 17,572.28. In New York, the Dow Jones industrial average was down 152.06 points at 29,196.04. The S&P 500 index was down 8.83 points at 3,320.79, while the Nasdaq composite was down... Read More

Most actively traded companies on the TSX

Editor
Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,572.28, down 25.11 points.) Bombardier Inc. (TSX:BBD.B). Industrials. Up seven cents, or 5.74 per cent, to $1.29 on 25.2 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Down 15 cents, or 5.45 per cent, to $2.60 on 8.45 million shares. Encana Corp. (TSX:ECA). Energy. Unchanged at $5.19 on 8.3 million... Read More

Quebec premier cautious about response to Bombardier difficulties

CanadianInvestor
Quebec premier cautious about response to Bombardier difficulties
Quebec Premier Francois Legault says he’s watching the financial situation at Bombardier Inc. “very closely” but wouldn’t indicate if the government will once again come to the company’s rescue. Legault told reporters that he could not “say more” about the possibility of additional financial assistance for the aircraft and train manufacturer. Questions about Bombardier’s future were raised last week after... Read More

S&P/TSX composite backs off record high close, U.S. stock markets mixed

CanadianInvestor
S&P/TSX composite backs off record high close, U.S. stock markets mixed
TORONTO — Canada’s main stock index retreated from its record high levels in late-morning trading as the key energy, financial and industrial sectors pulled back. The S&P/TSX composite index was down 9.58 points at 17,587.81. In New York, the Dow Jones industrial average was down 51.68 points at 29,296.42. The S&P 500 index was down 4.09 points at 3,325.53, while... Read More

Most actively traded companies on the TSX

Editor
Most actively traded companies on the TSX
TORONTO — Some of the most active companies traded Monday on the Toronto Stock Exchange: Toronto Stock Exchange (17,597.39, up 38.37 points). Bombardier Inc. (TSX:BBD.B). Industrials. Up 10 cents, or 8.93 per cent, to $1.22 on 17.4 million shares. Encana Corp. (TSX:ECA). Energy. Down 14 cents, or 2.63 per cent, to $5.19 on 6.1 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Down two... Read More

TSX rises to new records on momentum with no direction from closed U.S. markets

CanadianInvestor
TSX rises to new records on momentum with no direction from closed U.S. markets
TORONTO — Canada’s main stock index pushed deeper into record territory on momentum despite the lack of direction from U.S. markets. U.S. stock markets are closed due to the Martin Luther King Jr. holiday. “Overall, things are good,” said Colin Cieszynski, chief market strategist at SIA Wealth Management. “It’s not uncommon for Canada to be neutral or slightly positive on a... Read More

Materials sector helps lift stocks in Toronto, loonie edges up against U.S.

CanadianInvestor
Materials sector helps lift stocks in Toronto, loonie edges up against U.S.
TORONTO — The materials sector helped Canada’s main stock index march higher into record territory in late-morning trading. The S&P/TSX composite index was up 39.42 points at 17,598.44 U.S. stock markets are closed due to the Martin Luther King Jr. holiday. The Canadian dollar traded for 76.58 cents US compared with an average of 76.56 cents US on Friday. The... Read More