Canadian Market Notably Lower As Technology, Materials Shares Decline Sharply

RTTNews | 104日前
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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European Economic News Preview: Eurozone GDP Data Due

European Economic News Preview: Eurozone GDP Data Due

Preliminary GDP estimates from the euro area and other European economies and budget announcement from the UK are due on Wednesday. At 2.30 am ET, France's statistical office INSEE publishes flash GDP and consumer spending figures. The second largest euro area economy is forecast to grow 0.3 percent in the third quarter after expanding 0.2 percent in the preceding period.
RTTNews | 4時9分前
Asian Markets Trade Mostly Lower

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RTTNews | 6時4分前
Japanese Market Significantly Higher

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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 | 7時8分前
Steady Start Eyed For Thai Stock Market

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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 | 7時33分前
Indonesia Stock Market Due For Support On Wednesday

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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 | 8時3分前
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 | 8時7分前