Canada’s main stock index ended higher yesterday as the influential energy sector gained support from another rise in oil prices, helping the index reach its highest level in nearly 8 months. Shares of energy companies led the index as oil prices extended their 3 day rally, exceeding $73 a barrel (up from $33 in [...]

Canada’s main stock index closed higher yesterday as firmer oil prices boosted energy shares, but the rise was limited by caution about the prospects for the North American economy/global recovery. Bond investors sent a clear signal to the U.S. government yesterday as the U.S. Treasury was forced to sweeten its $19 billion sale of [...]

Canada’s main stock index finished flat yesterday as concerns about the U.S. economy hit the banking sector but energy stocks rose on higher oil prices (up again this morning). The index was stuck near the break-even level for the majority of the day as shares of Canadian banks fell due to plans by big [...]

The Canadian stock market declined in value for the 1st time in 3 days yesterday as a late advance of 0.52% in the banking sector was not enough to offset the 1% decline in the energy sector as lower oil prices weighed on energy shares.
Markets initially declined as investors feared that the current [...]

Canadian stock markets advanced last Friday with the S&P/TSX composite index closing up 92.05 points or almost 1%. The TSX finished the week up about 200 points or 1.9% but during the week the index gyrated between a drop of nearly 300 points and a gain of more than 200. The diversified metals, [...]

Canada’s stock market closed sharply higher yesterday as energy stocks jumped, helped by the highest oil prices since November. Financials gained on hopes the economic recovery is near. The S&P/TSX composite index moved up almost 2% demonstrating the resilience of the spring rally. Oil prices rose to nearly US$69 a barrel [...]

Canada’s main stock index closed sharply lower yesterday giving up gains posted earlier in the week as a significant drop in oil prices “rattled” the energy sector. In addition, investors were booking some profits as the stock market has climbed by a significant margin since March 9th.
The energy sector led all sectors [...]

Canada’s main stock market ended slightly lower yesterday as lower oil prices weighed on the energy sector but a rally in the financial sector helped offset those losses. The S&P/TSX composite index closed down 0.14% but the financial sector as a whole rose 0.8% and gold mining companies rose by about 1% as gold [...]

Canada’s main stock index rose more than 2% yesterday and at one point hit its highest level in more than 7 months, as a further surge in oil prices lifted the energy sector. The S&P/TSX Composite Index is now up 41.7% since hitting a 5 year low on March 9th. The latest charge [...]

Canada’s main stock index ended lower on Friday, weighed down by the energy sector and the financial sector as the Royal Bank of Canada reported a quarterly loss. However, the index gained 3.8% on the week and for May it posted it’s biggest monthly climb in nearly 10 years, driven by investor optimism that [...]