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%.
Dollar Drifts Lower Against Major Counterparts
TSX Ends On Firm Note Again, Gains 1.1% In Week
Swiss Market Ends Modestly Higher
European Stocks Close Weak After Cautious Session
Australian Dollar Drops Against Most Majors
Canadian Dollar Falls Against Majors
U.S. Manufacturing Index Indicates Modestly Slower Contraction In December
