Canadian Market Remains In Negative Territory, Looks Headed For Weak Close

RTTNews | 735 days ago
Canadian Market Remains In Negative Territory, Looks Headed For Weak Close

(RTTNews) - The Canadian market, which fell after a recovery from slightly weak start Wednesday morning, remains in negative territory in late afternoon trades, weighed down by losses in healthcare, utilities and technology sectors.

Consumer staples and energy stocks are finding some support, while shares from financials, industrials, and consumer stocks are exhibiting a mixed trend.

The benchmark S&P/TSX Composite Index, which advanced to 20,779.24 earlier in the session, is down 55.64 points or 0.27% at 20,669.36.

Tecsys Inc (TCS.TO), Canada Goose Holdings (GOOS.TO), Nuvei Corporation (NVEI.TO), Enbridge (ENB.TO), Nutrien (NTR.TO) and Shopify Inc (SHOP.TO) are down 2 to 5%.

Brookfield Asset Management (BAM.TO) is rising 3.6%. Cargojet (CJT.TO), Stelco Holdings (STLC.TO), Imperial Oil (IMO.TO) and Loblaw Companies (L.TO) are gaining 2 to 3%.

MTY Food Group (MTY.TO), Bombardier Inc (BBD.A.TO), Ritchie Bros. Auctioneers (RBA.TO), Precision Drilling Corporation (PD.TO) and Boyd Group Services (BYD.TO) are up 1 to 2%.

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Thai Shares Expected To Return To The Downside

Thai Shares Expected To Return To The Downside

Ahead of Wednesday's holiday for Makha Bucha Day, the Thai stock market had moved higher in two of three trading days since the end of the seven-day losing streak in which it had plummeted more than 85 points or 6.3 percent. The Stock Exchange of Thailand now sits just above the 1,280-point plateau and it figures to open under pressure on Thursday.
RTTNews | 5h 8min ago
Little Movement Expected For Indonesia Stock Market

Little Movement Expected For Indonesia Stock Market

The Indonesia stock market on Wednesday ended the five-day losing streak in which it had plummeted more than 540 points or 7.9 percent. The Jakarta Composite Index now sits just beneath the 6,650-point plateau and it's expected to remain in that neighborhood again on Thursday.
RTTNews | 5h 38min ago
Japanese Market Sharply Higher

Japanese Market Sharply Higher

The Japanese market is trading sharply higher on Thursday, extending the gains in the previous three sessions, following the mixed cues from Wall Street overnight. The Nikkei 225 is moving well above the 39,400 level, with gains across most sectors led by most index heavyweights and financial stocks.
RTTNews | 5h 42min ago
Overbought Hang Seng Tipped To Open In The Red

Overbought Hang Seng Tipped To Open In The Red

The Hong Kong stock market rebounded hard on Wednesday, one day after snapping the three-day winning streak in which it had rallied more than 820 points or 3.9 percent. The Hang Seng Index now rests just beneath the 21,860-point plateau although it's looking at a soft start on Thursday.
RTTNews | 5h 53min ago
Australian Market Modestly Higher

Australian Market Modestly Higher

The Australian market is trading modestly higher on Thursday, extending the gains in the previous two sessions, following the mixed cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving above the 8,550 level, with gains in mining and financial stocks partially offset by weakness in energy and technology stocks.
RTTNews | 6h 7min ago
Lower Open Called For China Stock Market

Lower Open Called For China Stock Market

The China stock market bounced higher again on Wednesday, one day after snapping the three-day winning streak in which it had improved almost 90 points or 2.8 percent. The Shanghai Composite Index now rests just beneath the 3,350-point plateau although it may open in the red on Thursday.
RTTNews | 6h 8min ago
Taiwan Stock Market May See Continued Consolidation

Taiwan Stock Market May See Continued Consolidation

The Taiwan stock market has moved lower in two of three trading days since the end of the four-day winning streak in which it had spiked more than 760 points or 3.4 percent. The Taiwan Stock Exchange now rests just above the 23,380-point plateau and it may take further damage on Thursday.
RTTNews | 6h 38min ago