Canadian Market Remains Positive, Looks On Course For Another Firm Close
(RTTNews) - The Canadian market looks set to end on a firm note for the third consecutive session, with stocks from communications, real estate and industrial sectors recording strong gains.
A few stocks from technology, financials, healthcre, energy, consumer staples and utilities sections are also notably higher.
The benchmark S&P/TSX Composite Index is up 171.55 or 0.69% at 25,069.58.
Hut 8 Corp (HUT.TO), up 8.75%, is having another strong outing. Canadian Tire Corporation (CTC.TO) is up 7% and Aritzia Inc (ATZ.TO) is gaining about 5.8%.
Rogers Communications Inc (RCI.A.TO) is up 4.7% despite the company lowering its revenue outlook. The company has revised down its annual service revenue growth outlook, citing lower than expected fourth-quarter media revenue. For the full year, Rogers now expects annual service revenue growth of just over 7%, compared with its prior guidance range of 8% to 10%.
Nutrien (NTR.TO), Bombardier Inc (BBD.B.TO), Celestica Inc (CLS.TO), Cargojet (CJT.TO), RB Global (RBA.TO), Onex Corporation (ONEX.TO) and Dayforce (DAY.TO) are up 2 to 4%.
National Bank of Canada (NA.TO), Colliers International (CIGI.TO), FirstService Corporation (FSV.TO), Shopify Inc (SHOP.TO), Franco-Nevada Corporation (FNV.TO), Thomson Reuters (TRI.TO) and George Weston (WN.TO) are gaining 1 to 1.8%.
Sensex, Nifty Rebound In Cautious Trade
UK Construction Activity Growth At 6-Month Low
FTSE 100 Drifts Lower In Lackluster Trade
German Construction Activity Remains Firmly In Recession Zone
CAC Modestly Higher After Inflation Data
DAX Up Marginally In Cautious Trade Ahead Of Euro Area Inflation Data
European Shares Slip Into Red Ahead Of Key Inflation Reading
