Canada’s main stock index rose yesterday as shares of gold miners rallied on increased optimism about the outlook for the industry and the price of bullion as prices held near $1,000 an ounce. The gain in gold miners helped lift the materials sector by 1.92%, the biggest gain among the 10 sectors. Within [...]

Canada’s main stock market ended up more than 1% yesterday as higher commodity prices and corporate takeovers out of the United States helped fuel a strong rally across all its sectors. The heavily weighted banking sector led the equity rally. The financials sector which accounts for about a 1/3rd of the TSX, rose [...]

Canadian stock markets dropped on Friday, finishing the week 2.04% lower, after investors severely punished Research In Motion (RIM) for an outlook that raised concerns about the BlackBerry maker’s growth prospects. RIM shares have long been notorious for going up significantly after a positive earning release and earnings releases have been positive for a [...]

Canada’s main stock index ended lower yesterday for a 2nd day in a row, pulled down by falling oil & metal prices, as some investor caution returned to the overall market. Oil prices settled more than 4.47% lower, below $66 a barrel, as weak U.S. home sales data and high crude oil inventories in [...]

Canada’s main stock market ended lower yesterday as falling commodity prices hurt the resource-heavy Canadian stock market, even though the Federal Reserve said the U.S. economy was recovering. The index’s energy sector closed down 1.35%, a move attributed to a drop in oil prices of nearly 4% after U.S. data showed a big jump [...]

Canada’s main stock market advanced yesterday as a rally in oil prices pushed energy shares higher and left the index just shy of its highest level in nearly a year. Oil prices jumped more than 2% to top $71 a barrel as the U.S. dollar fell to a 1-year low against the euro. [...]

Canada’s main stock market closed lower for a 3rd straight day yesterday as investors avoided buying equities ahead of the U.S. Federal Reserve meeting today and tomorrow. The index’s heavily weighted financials sector led the latest slide as investors opted to avoid adding to big investments. Tomorrow the Fed’s Federal Open Market Committee [...]

Canadian stock markets fell on Friday, ending a great week with the heavily weighted materials sector retreating on weaker gold prices, while the technology sector advanced ahead of quarterly reports this week. The S&P/TSX composite index ended the session down 0.71% after bouncing from flat, to positive and then into negative territory throughout the [...]

Canada’s main stock market finished lower yesterday as investors decided to book some profits after 5 straight days of gains. The pullback was broad, with 8 out of the 10 main sectors trending lower. The two advancing sectors of financials and health care rose 0.45% and 0.18%, respectively. This is not unexpected since [...]

Canada’s main stock market rose for a 5th day yesterday, lifted by a rally in the energy and materials sectors as investors bet the global economy may be set to turn around and commence a sustainable recovery. The upbeat optimism and mood helped push the index to its highest level since mid October 2008. [...]