Investments

Managers turn bullish on stocks, corporate debt Fallback Image Decorative pattern

Market Insights

Managers turn bullish on stocks, corporate debt

The stock market rally that started in March has seen the S&P/TSX Composite Index gain more than 3,000 points, leading some to comment that it is an unsustainable bounce off the bottom. But this theory is held by a minority of investment managers, with most seeing more growth ahead, according to the latest survey by […]

By Steven Lamb |June 29, 2009

3 min read

TSX closes higher as investors snap up energy, financials; oil stocks lift N.Y. Fallback Image Decorative pattern

Market Insights

TSX closes higher as investors snap up energy, financials; oil stocks lift N.Y.

Strong buying interest in energy and financial stocks pushed the Toronto stock market to a solid gain Monday. The S&P/TSX composite index closed up 87.01 points to 10,476.77 ahead of a shortened trading week in Canada and the United States. The TSX energy sector was ahead 1.4% as the August crude contract on the New […]

By Staff |June 29, 2009

4 min read

Market numbers: Friday, June 26, 2009 Fallback Image Decorative pattern

Market Insights

Market numbers: Friday, June 26, 2009

The Toronto stock market is likely in for a lower open following two solid triple-digit advances amid a profit warning from Potash Corp. The Saskatoon-based company cut its earnings guidance Thursday due to lower than expected sales volumes as customers delay purchases and lower realized prices for phosphate fertilizers. The company said it now expects […]

By Staff |June 26, 2009

3 min read

Bank stocks take TSX higher Fallback Image Decorative pattern

Market Insights

Bank stocks take TSX higher

The Toronto stock market closed slightly higher Friday as a late-day burst in financial stocks cancelled out declines in energy and gold stocks. The S&P/TSX composite index moved 33.91 points higher to 10,389.76 on top of two days of strong, triple-digit advances. The Canadian dollar was up 0.15 of a cent to 86.64 cents US. […]

By Staff |June 26, 2009

3 min read