Investments

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Market Insights

P.M. market numbers: August 24, 2009

The Toronto stock market closed lower Monday as financial stocks turned negative a day before the big Canadian banks start reporting quarterly earnings while energy stocks were flat even as oil prices continued to climb. The S&P/TSX composite index closed down 41.21 points to 10,789.97. The Toronto energy sector rose 0.41% as oil prices continued […]

By Staff |August 24, 2009

2 min read

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Market Insights

A.M. market numbers: August 21, 2009

The Toronto stock market appeared headed for a positive open Friday amid good economic news from Europe and higher oil prices. The preliminary Markit composite purchasing managers’ index for the euro zone rose to a 15-month high of 50 in August from 47 in July, easily beating expectations for a reading of 48.3. The increase […]

By Staff |August 21, 2009

3 min read

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Market Insights

P.M. market numbers: August 21, 2009

The Toronto stock market closed sharply higher as investors bought shares across most sectors after U.S. Federal Reserve chairman Ben Bernanke said the U.S. economy is on the verge of a long-awaited recovery. The S&P/TSX composite index closed up 130.67 points to 10,831.18 as sentiment also improved in the wake of oil prices that hit […]

By Staff |August 21, 2009

3 min read

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Market Insights

A.M. market numbers: August 20, 2009

The Toronto stock market could be in for a higher open following big gains on the main Chinese market overnight, a day after Shanghai slumped almost five per cent. Shares in aerospace company Bombardier Inc. (TSX:BBD.B) could be under pressure after it said its Aerospace division has terminated an order for Lear jets from Jet […]

By Staff |August 20, 2009

3 min read

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Market Insights

A.M. market numbers: August 19, 2009

The Toronto stock market looked set for a lower open Wednesday following steep declines on Asian markets overnight, reflecting investor worries that the long-running rally that started late last winter has run its course for the time being. In Shanghai, the main index plunged over 5% at one point before closing down 125.30 points, or […]

By Staff |August 19, 2009

3 min read

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Market Insights

P.M. bulletin: August 19, 2009

The Toronto stock market closed little changed Wednesday at the end of a volatile session amid worries about a global economic recovery. The S&P/TSX composite index closed 12.99 points higher to 10,686.83, lifted by gains in the financials sector, after initially tumbling more than 150 points after China’s benchmark Shanghai index plunged more than four […]

By Staff |August 19, 2009

2 min read

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Market Insights

A.M. market numbers: August 18, 2009

North American markets looked set to open higher Tuesday after fresh concerns about a U.S. economic recovery sent indexes around the world tumbling. The Dow Jones industrial futures were 49 points higher to 9,169 after the blue-chip index fell 186 points on Monday. The Nasdaq futures were up 9.8 points to 1,576 while the S&P […]

By Staff |August 18, 2009

3 min read

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Market Insights

P.M. market numbers: August 18, 2009

Higher commodity stocks led the way to a sharply higher close on the Toronto stock market Tuesday as the market clawed back some of a selloff Monday that was triggered by worries about doubtful consumer strength in a U.S. economic recovery. The S&P/TSX composite index gained 142.25 points to 10,673.84. The main index fell 316 […]

By Staff |August 18, 2009

2 min read

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Market Insights

A.M. market numbers: August 17, 2009

The Toronto stock market was in for a sharply lower open Monday morning, joining a dismal performance on world markets amid worries about U.S. consumer spending. Those concerns were apparent at the end of last week after a sharp drop in the Reuters/University of Michigan consumer sentiment index, which followed a surprisingly weak July retail […]

By Staff |August 17, 2009

3 min read

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Market Insights

P.M. market numbers: August 17, 2009

The Toronto stock market joined other indexes around the world in a sharp sell-off as investors sold off on worries that the U.S. consumer won’t be much help in building a strong economic recovery. The S&P/TSX composite index fell 316.42 points or 2.92% to 10,531.59 after consumer weakness surfaced Friday in a sharp falloff in […]

By Staff |August 17, 2009

2 min read

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