Canada’s main stock index finished higher on Friday as stronger gold prices pushed up shares of the heavyweight gold and mining sectors. Gold keeps setting new highs on a weekly basis. Suncor energy was a big gainer on Friday as the country’s biggest oil company said it would budget C$5.5 billion for capital [...]

Canada’s main stock index fell yesterday as retreating oil & gold prices sent shares of influential energy & mining companies lower. The energy & materials sectors dropped 1.4% and 1.7% respectively, as U.S. oil prices fell to below $77 a barrel, while gold edged off the record high it hit early in the day [...]

Canada’s main stock index finished slightly higher yesterday in a quiet day of trading marked by an early jump and big jump in the index to a 3-week high that eroded as the day progressed. The banks and Potash Corp, helped lead advancers due to an encouraging economic report from China. Energy shares [...]

Canada’s main stock market fell for the 1st time in 6 days yesterday as investors booked some profits, weaker oil prices pressured the energy sector and financials gave up some of their recent gains. Oil prices fell as the U.S. dollar advanced relative to a basket of global currencies. Energy companies also began restoring [...]

The Canadian stock market rose to a 2-week high yesterday after a pledge from the Group of 20 to pursue economic stimulus measures until recovery is in place. This encouraged investors to let go of the safe-haven U.S. dollar and embrace riskier assets. The global economy has improved but recovery is still uneven and [...]

Canada’s main stock index ended higher for a 4th straight day on Friday as gold miners rallied around record high bullion prices. This offset the index’s fall at the outset on weak jobs data in Canada and the United States that had fueled worry about the sustainability of the global economic recovery without stimulus. [...]

Canada’s stock market closed higher yesterday with investors receiving some good news prior to the release today of the U.S. government’s October non-farms payroll report. The S&P/TSX composite index jumped 0.99% with all sectors advancing. Gains were led by the telecom and base metals sectors. Investors were relieved by a U.S. Labour Department [...]

The Canadian stock market closed up at the end of a volatile day yesterday, relinquishing most of the day’s gains in the final minutes of trading despite the U.S. Federal Reserve (Fed) saying that economic activity continues to pick up from the worst downturn since the 1930s. At the same time they have pledged [...]

Canada’s main stock index shot higher yesterday as gold prices hit a record high above $1,080 an ounce, boosting Barrick Gold and other gold miners. The index’s materials sector, home to miners & fertilizer companies, finished the day up 4.1%. The price of gold hit a record high at $1,080 an ounce as [...]

The Canadian stock market finished lower yesterday, hurt by profit-taking and a sell-off in shares of BlackBerry maker Research In Motion (RIM) following an analyst downgrade. RIM shares fell by 5.75% after some analysts cut the company’s rating to “sell” from “buy,” citing competitive threats.
Of the benchmark’s 10 main sectors, 5 moved lower and [...]