Wilfred Vos’ Blog

Canada’s main stock market ended a choppy day higher on Friday, capping off a strong week due to positive global economic signals and a further round of solid North American earnings reports.  Canadian mining shares were higher as commodity prices advanced.  A strong profit forecast at Canadian National Railway (CNR) strengthened confidence that 2nd quarter [...]

Canada’s main stock index rose more than 1.0% on Friday, rallying for a 4th consecutive day as stunning jobs data lifted investor confidence in Canada, while firm resource prices helped materials lead the gains. Materials were up 2.3%, rebounding from Thursday’s selloff, as the price of gold moved back above $1,200 an ounce. As [...]

On Friday the Canadian stock market hit its lowest level in more than 4 months as resource issues, particularly gold miners, stumbled heavily to start the 3rd quarter of the year. Gold shares were hurting after prices were hit hard on Thursday, when Canadian markets were closed for Canada day. The index’s materials sector, [...]

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