TSX Ends Modestly Lower

RTTNews | 9小時31分鐘前
TSX Ends Modestly Lower

(RTTNews) - The Canadian market ended weak on Wednesday, weighed down by losses in materials and technology sectors. Investors digested earnings updates from Canadian and U.S. companies, and awaited U.S. non-farm payroll data and Canadian GDP report, due later in the week.

The benchmark S&P/TSX Composite Index ended down 54.76 points or 0.22% at 24,507.79 after scaling a low of 24,428.10 and a high of 24,571.26 intraday.

Materials stock Ivanhoe Mines (IVN.TO) ended down 3.85%. The company reported a net profit of $108 million for the third-quarter of 2024, compared with $67 million in the second-quarter. The stock is down by about 3.7%.

Fortuna Silver Mines (FVI.TO), Seabridge Gold (SEA.TO), First Majestic Silver Corp (AG.TO), Pan American Silver Corp (PAAS.TO) and Hudbay Minerals (HBM.TO) closed down 2.5 to 4%.

Technology stocks Bitfarms (BITF.TO) and BlackBerry (BB.TO) lost 4.49% and 3.56%, respectively. CGI Group (GIB.A.TO), Converge Technology Solutions (CTS.TO) and Sangoma Technologies (STC.TO) closed down 1.25 to 1.6%.

Secure Energy Services (SES.TO) soared nearly 10% after reporting a net income of $94 million for the third-quarter this year, compared with $47 million in the year-ago quarter.

Capital Power Corporation (CPX.TO) climbed 7.8% after the company reported net income of $178 million for the quarter ended September 30, 2024, compared with $272 million in the year-ago quarter.

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Asian Markets Trade Mixed

Asian Markets Trade Mixed

Asian stock markets are trading mixed on Thursday, following the broadly negative cues from Wall Street overnight, as traders are cautious and remain on the sidelines ahead of key U.S. economic data due this week and next week's US presidential election. They also continue to assess the ongoing geopolitical tensions in the Middle East. Asian Markets closed mostly lower on Wednesday.
RTTNews | 4小時37分鐘前
Japanese Market Modestly Lower

Japanese Market Modestly Lower

The Japanese stock market is notably lower on Thursday, Giving up some of the gains in the previous three sessions, following the broadly negative cues from Wall Street overnight. The Nikkei 225 is falling below the 39,100 level, with weakness in index heavyweights, exporters and technology stocks as traders are cautious ahead of the Bank of Japan's monetary policy decision.
RTTNews | 5小時18分鐘前
Lower Open Called For Thai Stock Market

Lower Open Called For Thai Stock Market

The Thai stock market has moved lower in three straight sessions, slumping more than 15 points or 1.1 percent along the way. The Stock Exchange of Thailand now sits just beneath the 1,450-point plateau and it's expected to see continued consolidation on Thursday.
RTTNews | 6小時3分鐘前
Australian Market Modestly Lower

Australian Market Modestly Lower

The Australian market is trading modestly lower on Thursday, extending the losses in the previous session, following the broadly negative cues from Wall Street overnight. The benchmark S&P/ASX 200 is staying below the 8,200 level, with a mixed performance across most sectors as a mixed domestic quarterly inflation report reduced expectations for an immediate rate cut from the RBA.
RTTNews | 6小時6分鐘前
Indonesia Stock Market May Take Further Damage On Thursday

Indonesia Stock Market May Take Further Damage On Thursday

The Indonesia stock market has finished lower in six straight sessions, dropping more than 230 points or 3 percent along the way. The Jakarta Composite Index now rests just beneath the 7,570-point plateau and it's tipped to open in the red again on Thursday.
RTTNews | 6小時33分鐘前
Hong Kong Bourse May Extend Wednesday's Losses

Hong Kong Bourse May Extend Wednesday's Losses

The Hong Kong stock market on Wednesday wrote a finish to the three-day winning streak in which it had improved more than 200 points or 0.9 percent. The Hang Seng Index now sits just above the 20,380-point plateau and it's expected to open to the downside again on Thursday.
RTTNews | 7小時3分鐘前
Japan Retail Sales Gain 0.5% On Year In September

Japan Retail Sales Gain 0.5% On Year In September

The value of retail sales in Japan was up 0.5 percent on year in September, the Ministry of Economy, Trade and Industry said on Thursday - coming in at 13.489 trillion yen.
RTTNews | 7小時10分鐘前