Canadian Market Notably Lower As Technology, Materials Shares Decline Sharply

RTTNews | vor 104 Tagen
Canadian Market Notably Lower As Technology, Materials Shares Decline Sharply

(RTTNews) - The Canadian market is down in negative territory on Wednesday, weighed down by losses in technology sectors after Dutch semiconductor firm ASLM issued a profit warning. Materials shares are the other major losers.

The benchmark S&P/TSX Composite Index was down 153.70 points or 0.67% at 22,841.69 a little while ago.

The Information Technology Capped Index is down nearly 3%. Celestica Inc (CLS.TO) is down more than 8%, and Shopify Inc (SHOP.TO) is lower by 7.3%. Converge Technology Solutions (CTS.TO) is down 6%. Coveo Solutions (CVO.TO), Descartes Systems Group (DSG.TO), Tecsys Inc (TCS.TO), Docebo Inc (DCBO.TO) and Lightspeed Commerce (LSPD.TO) are down 2 to 5%.

BlackBerry (BB.TO) is down about 1.1%. The company today announced the launch of CylanceMDR Pro, a cutting-edge managed detection and response or MDR service built on an Open XDR platform powered by AI. CylanceMDR Pro will be available July 31.

Materials stock Aya Gold & Silver Inc (AYA.TO) is down more than 6%. Equinox Gold Corp (EQX.TO), Fortuna Silver Mines (FVI.TO), Ero Copper Corp (ERO.TO), Silvercrest Metals (SIL.TO), New Gold (NGD.TO), First Majestic Silver Corp (AG.TO) and Lundin Mining Corp (LUN.TO) are down 3 to 4.5%.

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Asian Markets Trade Mostly Lower

Asian Markets Trade Mostly Lower

Asian stock markets are trading mostly lower on Wednesday, following the mixed cues from Wall Street overnight, as traders are cautious and reluctant to take positions ahead of the next week's U.S. presidential election and the US Fed's monetary policy decision. Concern about the tension in the Middle East is also weighing on the markets. Asian markets closed mostly higher on Tuesday.
RTTNews | vor 5Std 57 Minuten
Japanese Market Significantly Higher

Japanese Market Significantly Higher

The Japanese stock market is trading significantly higher on Wednesday, extending the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,300 level, with gains across most sectors led by index heavyweights, financial and technology stocks.
RTTNews | vor 7Std 1 Minuten
Steady Start Eyed For Thai Stock Market

Steady Start Eyed For Thai Stock Market

The Thai stock market has moved lower in back-to-back sessions, slumping more than a dozen points or 0.9 percent along the way. The Stock Exchange of Thailand now sits just above the 1,450-point plateau although it may find traction on Wednesday.
RTTNews | vor 7Std 26 Minuten
Indonesia Stock Market Due For Support On Wednesday

Indonesia Stock Market Due For Support On Wednesday

The Indonesia stock market has finished lower in five straight sessions, dropping almost 190 points or 2.5 percent along the way. The Jakarta Composite Index now rests just above the 7,600-point plateau although it may stop the bleeding on Wednesday.
RTTNews | vor 7Std 56 Minuten
Australian Market Modestly Lower

Australian Market Modestly Lower

Australian shares are trading modestly lower on Wednesday, giving up some of the gains in the previous three sessions, with the benchmark S&P/ASX 200 staying above the 8,200 level, following the mixed cues from Wall Street overnight, with weakness in energy and financial stocks partially offset by gains in iron ore miners.
RTTNews | vor 8Std 0 Minuten
Rally May Stall For Hong Kong Stock Market

Rally May Stall For Hong Kong Stock Market

The Hong Kong stock market has moved higher in three straight sessions, gathering more than 200 points or 0.9 percent along the way. The Hang Seng Index now sits just above the 20,700-point plateau although it may be stuck in neutral on Wednesday.
RTTNews | vor 8Std 11 Minuten