Investments

P.M. market numbers: August 31, 2009

The Toronto stock market closed lower, led by sliding commodity stocks as investors worried about the Chinese economy faltering. The S&P/TSX composite index fell 109.76 points to 10,868.21 even as Statistics Canada reported that gross domestic product increased by 0.1%, the first time GDP has grown since July, 2008, following a 0.5% dip in May. […]

By Staff |August 31, 2009

2 min read

A.M. market numbers: August 28, 2009

The Toronto stock market appeared headed for a higher open Friday as Bank of Nova Scotia handed in earnings that beat expectations while oil prices continued to advance. Scotiabank says its third-quarter profit fell to $931 million or 87 cents a share from a year-before $1.01 billion even as revenues increased. That was three cents […]

By Staff |August 28, 2009

3 min read

P.M. market numbers: August 28, 2009

The energy sector helped push the Toronto stock market higher Friday. The S&P/TSX composite index added 44.01 points to 10,977.97, leaving the TSX up 146.79 points or 1.35 per cent on the week following solid earnings reports from most of the big banks. But the financial sector fell even as Scotiabank beat earnings expectations in […]

By Staff |August 28, 2009

2 min read

A.M. market numbers: August 27, 2009

The Toronto stock market will find support at the open as strong earnings reports from three of the big Canadian banks beat expectations. Profits at Royal Bank surged 24% during the third quarter of 2009 to $1.6 billion or $1.05 per share for the quarter ended July 31, up from year-earlier net income of $1.3 […]

By Staff |August 27, 2009

3 min read