TSX Ends Notably Lower On Recession Fears

RTTNews | 852 दिनों पहले
Stocktwits
TSX Ends Notably Lower On Recession Fears

(RTTNews) - The Canadian market ended notably lower on Wednesday with shares from across several sectors losing ground on sustained selling pressure.

Concerns about slowing global economy and rising interest rates weighed on sentiment.

Healthcare, energy and technology stocks were among the major losers.

The benchmark S&P/TSX Composite Index ended with a loss of 222.55 points or 1.14% at 19,284.10, slightly off the day's low of 19,263.61.

Canopy Growth Corporation (WEED.TO) plunged 6.32% on huge volumes. Shopify Inc (SHOP.TO) ended 3.1% down. Cenovus Energy (CVE.TO), Canadian Natural Resources (CNQ.TO), Crescent Point Energy (CPG.TO), Power Corporation of Canada (POW.TO), Canadian Imperial Bank of Commerce (CM.TO), Ban of Nova Scotia (BNS.TO) and Manulife Financial Corporation (MFC.TO) lost 1.6 to 2.5%.

First Quantum Minerals (FM.TO) rallied nearly 3%. First Quantum Minerals said formal discussions between First Quantum, MPSA and the Government of Panamá have resumed on December 26, 2022 regarding the long-term future of the Cobre Panamá mine. The Company said it remains committed to seeking a mutually beneficial agreement as soon as possible.

Magnet Forensics (MAGT.TO), Ritchie Bros. Auctioneers (RBA.TO), Canadian Tire Corporation (CTC.TO) and West Fraser Timber (WFG.TO) gained 1.7 to 2.6%.

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Singapore Unemployment Data Due On Tuesday

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The British pound strengthened against other major currencies in the European session on Monday.
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उच्च जोखिम चेतावनी: फॉरन एक्सचेंज ट्रेडिंग में उच्च स्तर का खतरा होता है जो हर निवेशकों के लिए सही नहीं हो सकता. लीवरेज अधिकतम खातर और हानि के अनावरण को उत्पन्न करता है. इससे पहले कि आप निर्णय लें फॉरन एक्सचेंज में ट्रेड करने का, ध्यान अपने निवेश के उद्देश्यों, अनुभव स्तर, और खतरा उठाने की सहिष्णुता पर विचार करें. आप कुछ या अपनी प्रारंभिक निवेश को खो सकते हैं. बिल्कुल भी उस पैसे को निवेश ना करें जो आप खोने को बर्दाश्त नहीं कर सकते. अपने आप को शिक्षित करें उन खतरों से जो फॉरन एक्सचेंज ट्रेडिंग से संबंधित हैं, और सलाह लें किसी स्वतंत्र आर्थिक या कर सलाहकार से अगर आपके पास कोई भी प्रश्न हैं तो. कोई भी डाटा या जानकारों जो दी जाती है वे केवल सूचनात्मक उद्देश्यों के लिए है, और यब ट्रेडिंग आशय या सलाह पर नियत नहीं है. पिछले निष्पादन भविष्य के परिणामों के लिए परियाचक नहीं हैं.