Wilfred Vos’ Blog

The Canadian stock market posted a modest gain Friday as resource stocks benefited from higher crude oil & gold prices which were sent higher by investors scared by protests in Egypt.  The S&P /TSX composite index rose 27.38 points to 13,437.58 as markets failed to get much in the way of any lift from U.S. [...]

The Canadian stock market closed lower Friday despite a solid earnings report from global bellwether General Electric (GE) which made investors feel somewhat better about the U.S. economy.  The S&P /TSX composite index lost 72.75 points to 13,258.57, led by losses in the technology sector following an earnings report from U.S. computer chipmaker Advanced Micro [...]

The Canadian stock market gained on Friday as financial shares led the way following a strong earnings report from U.S. bank JPMorgan Chase.  The S&P/TSX composite index advanced 62.58 points to 13,464.06 and the S&P/TSX main index was up 192 points or 1.44%.
The resource-heavy TSX was held back by sliding mining shares as the [...]

What Happened Last Week?:
Canada’s main stock market fell for a 4th straight day on Friday, extending its 2011 losses as lower commodity prices and a fire in the Alberta oil sands pulled down oil and other resource shares.  The energy group, which accounts for more than a ¼ of the index, led declines, the index’s [...]

The S&P/TSX Composite index finished the year 2010 with strong double digit gain, led by resource stocks.
The index ended 2010 up 1,697.11 points or 14.45%, led by a 47% jump in the base metals sector. The surge reflects demand from China and other emerging markets. The S&P /TSX composite index closed at 13,443.22.
The gold [...]

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