Canada’s main stock index ended lower yesterday, weighed down by disappointing results and forecasts issued by Canadian heavyweight Potash Corp. Potash, the world’s largest fertilizer producer, led the decline in the Canadian stock market all day ending down 4.55% after it reported earnings and a profit outlook well below market expectations. The company [...]

The Canadian stock market finished slightly lower yesterday after the U.S. Federal Reserve (FOMC) announced it was leaving its key interest rate unchanged at 0.25% while stating that the economy is improving.
The Federal Reserve restated its intention to cease buying $1.25 trillion of mortgage-backed securities (the Central Bank is buying mortgages in an [...]

Canada’s main stock market edged out a small gain yesterday after rebounding from a lower open and near a 7-week low as declining energy shares were offset by renewed strength in the gold and financial sectors. Energy shares continued to endure downside pressure as crude oil prices continued to weaken, which at one point [...]

Canada’s main stock index ended little changed yesterday as the financial and energy sectors regained a little investor interest but a declining gold sector held any gains in check as the gold sector dropped even with a higher gold price. The big banks in Canada led the gains as bargain-hunters bought up shares after [...]

Canada’s main stock market slid to its lowest point in 6 weeks on Friday, due to falling oil prices and by a weaker financial sector that were both still hurting from the White House plan to impose tighter restrictions on U.S. banks. Stock markets are going to go through a period of uncertainty associated [...]

Canada’s stock market was sharply lower for a 2nd day in a row yesterday as economic concerns pressured commodity stocks while financials were pressured after U.S. President Barack Obama called for tougher regulations on banks. Data from China raised new concerns about how much China can really help developed countries pull out of a [...]

The Canadian stock market fell hard yesterday but did recoup some of those losses at the end of the day. The materials & energy sectors took the biggest hit as commodity prices fell on fresh evidence of tightening credit in China. Investors are concerned about a drop in demand as credit tightens in [...]

The Canadian stock market index closed slightly higher yesterday as an uptick in gold prices helped push up gold shares. The gold sector was up 1.2%, the materials sector added 0.66% and the sector leader was health-care which gained 2.43%. There really was not a whole lot going on in Canada yesterday. [...]

Canada’s main stock market advanced yesterday as energy & materials shares rose on the back of stronger commodity prices. Commodity prices got support from hopes for strong Chinese demand, and that also lifted global equities. Oil rallied above $78 a barrel, snapping a 5-day losing streak. The S&P/TSX composite index closed up 0.56% [...]

The Canadian stock market incurred a relatively big hit on Friday, falling more than 1% as weakness in the energy, materials and banking sectors combined to wipe out the year-to-date gains the index made this year. Commodity prices fell and bank shares were hit by concerns over a bank fee proposed by U.S. President [...]