TSX Comes Of Record High, Ends Slightly Weak

RTTNews | 109 दिनों पहले

(RTTNews) - The Canadian market ended weak on Wednesday, coming off a new record higher posted a session earlier, weighed down by losses in energy and consumer discretionary sectors. The mood remained cautious amid a lack of significant triggers.

The benchmark S&P/TSX Composite Index, which advanced to 23,962.14 in early trades, dropped to a low of 23,876.85 around mid afternoon before settling at 23,905.88, losing 46.34 points or 0.19%.

Magna International (MG.TO) ended down nearly 5.5%. Precision Drilling Corporation (PD.TO) ended lower by 4.1% and ATS Corporation (ATS.TO) closed down 3.5%.

Dayforce (DAY.TO), Linamar Corporation (LNR.TO), BRP Inc (DOO.TO) and RB Global (RBA.TO) lost 2 to 3%. Boyd Group Services (BYD.TO), Canadian National Railway (CNR.TO), TFI International (TFII.TO) and West Fraser Timber (WFG.TO) also ended notably lower.

AGF Management Limited (AGF.B.TO) reported adjusted net income of $24.5 million ($0.37 adjusted diluted EPS) for the three months ended August 31, 2024, compared to $23.6 million ($0.35 adjusted diluted EPS) for the three months ended May 31, 2024 and $22.9 million ($0.34 adjusted diluted EPS) for the comparative prior year period. The stock closed lower by about 3.5%.

Lightspeed Commerce (LSPD.TO) soared 13.3% on reports that the payments software firm is working with an adviser to explore options, including a possible sale. The company is reportedly employing bankers at JP Morgan to review its options and solicit interest from possible bidders, including private equity shops.

Aya Gold & Silver (AYA.TO) climbed nearly 6.5% and Pollard Banknote (PBL.TO) gained 5.5%. ATCO (ACO.X.TO) ended 2.7% up, while Cameco Corporation (CCO.TO), CCL Industries (CCL.A.TO), Fairfax Financial Holdings (FFH.TO) and TC Energy Corporation (TRP.TO) gained about 2%.

Celestica Inc (CLS.TO), Rogers Communications (RCI.A.TO), Franco-Nevada Corporation (FNV.TO), Wheaton Precious Metals (WPM.TO), Intact Financial Corporation (IFC.TO) and Kinaxis Inc (KXS.TO) ended up 1.2 to 2%.

Frozen Chicken & Cheese Taquitos Sold At ALDI Stores Recalled

Valencia, California-based Bestway Sandwiches Inc. has called back around 24,870 pounds of frozen chicken and cheese taquito products citing the potential to be contaminated with foreign material, specifically metal, according to the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS.

RTTNews | 5घंटे 51 मिनट पहले

Asian Markets A Sea Of Red

Asian stock markets are a sea of red on Monday, following the broadly negative cues from Wall Street on Friday, as stronger than expected US employment data weighed heavily on the outlook for interest rates. It raised concerns the US Fed will likely hold interest rates at current levels or slow down the pace of reductions. Rising bond yields also hurt. Asian markets closed mostly lower on Friday.

RTTNews | 7घंटे 44 मिनट पहले

Indian Shares Likely To Open Lower On Weak Global Cues

Lower GIFT Nifty futures, and weak global cues amid uncertainty about the outlook for interest rate cuts by the Federal Reserve following upbeat non-farm payroll data point to a negative start for Indian shares on Monday.

RTTNews | 7घंटे 51 मिनट पहले

Australian Market Drifts Further Lower In Mid-market

The Australian stock market is drifting further lower in mid-market trading on Monday, also adding to the losses in the previous two sessions, with the benchmark S&P/ASX 200 index falling well below the 8,200.00 level, with weakness in financial and technology stocks, partially offset by gains in mining and energy stocks amid spiking commodity prices.

RTTNews | 8घंटे 19 मिनट पहले

Thai Stock Market Expected To Open In The Red

The Thai stock market on Friday snapped the two-day slide in which it had stumbled almost 30 points or 2.2 percent. The Stock Exchange of Thailand now sits just beneath the 1,370-point plateau although it figures to head south again on Monday.

RTTNews | 9घंटे 0 मिनट पहले

Indonesia Bourse May Hand Back Friday's Gains

The Indonesia stock market on Friday wrote a finish to the two-day slide in which it had slumped almost 20 points or 0.3 percent. The Jakarta Composite Index now sits just beneath the 7,090-point plateau although it's expected to turn lower again on Monday.

RTTNews | 9घंटे 30 मिनट पहले

Australian Market Significantly Lower

The Australian stock market is currently trading significantly lower on Monday, extending the losses in the previous two sessions, following the broadly negative cues from Wall Street on Friday. The benchmark S&P/ASX 200 index is falling to near the 8,200.00 level, with weakness in financial and technology stocks, partially offset by gains in mining and energy stocks amid spiking commodity prices.

RTTNews | 9घंटे 37 मिनट पहले

Hong Kong Shares Tipped To Open To The Downside

The Hong Kong stock market has finished lower in five straight sessions, retreating more than 700 points or 3.7 percent along the way. The Hang Seng Index now sits just above the 19,060-point plateau and it's expected to extend its misery when it opens on Monday.

RTTNews | 9घंटे 45 मिनट पहले

EURUSD	1.02192	GBPUSD	1.21472	AUDUSD	0.61395
USDJPY	157.408	USDCAD	1.44344	USDCHF	0.91704