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Canadian Stocks Turning In Mixed Performance

RTTNews | 799 days ago

Canadian Stocks Turning In Mixed Performance

(RTTNews) - The Canadian market is turning in a mixed performance at noon on Wednesday, after having moved higher earlier thanks to strong gains in the technology sector.

Investors are largely refraining from making significant moves as they await the release of the minutes of the Federal Reserve's most recent policy meeting for clues about the likely path the central bank will take with regard to interest rate hikes.

The benchmark S&P/TSX Composite Index, which rose to 20,282.09, is up marginally at 20,221.74 a few minutes before noon.

The Information Technology Capped Index is up 1.7%. Converge Technology Solutions (CTS.TO) is soaring 23.5%. BlackBerry (BB.TO) is gaining more than 4% and Haivision Systems (HAI.TO) is up 3.6%, while Shopify Inc (SHOP.TO), Absolute Software Corp (ABST.TO), Open Text Corp (OTEX.TO) and Quarterhill (QTRH.TO) are up 2 to 2.5%.

Industrials shares Ats Automation (ATA.TO), CargoJet (CJT.TO) and Gfl Environmental (GFL.TO) are up 4.3%, 2.5% and 2.4%, respectively. Russel Metals (RUS.TO) is gaining nearly 2%.

Tilray Inc (TLRY.TO), up 3.3%, and Cronos Group (CRON.TO), up 2.3%, are the prominent gainers in the healthcare sector.

Alimentation Couche-Tard Inc (ATD.TO) reported after trading hours on Tuesday that it posted net earnings of $810.4 million, or $0.79 per diluted share for the second quarter of fiscal 2023 compared with $694.8 million, or $0.65 per diluted share for the second quarter of fiscal 2022. The stock is down more than 2%.

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Australian Market Halves Gains In Mid-market

Australian Market Halves Gains In Mid-market

The Australian stock market has halved its early gains in mid-market trading on Friday, but extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,500 level after hitting all-time highs, with gains is mining and technology stocks partially offset by weakness in financial stocks.

RTTNews | 5h 22min ago

Sensex, Nifty Seen Higher At Open

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Indian shares are seen opening on a positive note Friday as investors await the release of the Economic Survey 2025 in Parliament.

RTTNews | 5h 43min ago

Thai Stock Market Poised To Open In The Green

Thai Stock Market Poised To Open In The Green

The Thai stock market has finished lower in back-to-back sessions, sinking more than 10 points or 0.7 percent along the way. The Stock Exchange of Thailand now sits just above the 1,335-point plateau and it's likely to find support on Friday.

RTTNews | 6h 44min ago

Japanese Market Slightly Higher

Japanese Market Slightly Higher

Adding to the gains in the previous two sessions, the Japanese market is slightly higher on Friday, following the broadly positive cues from Wall Street overnight. The Nikkei 225 is staying well above the 39,500 level, as traders react positively to some upbeat domestic economic data, with retail sales exceeded expectations and unemployment rate dropping.

RTTNews | 6h 45min ago

Australian Market Significantly Higher

Australian Market Significantly Higher

The Australian stock market is significantly higher on Friday, extending the gains in the previous two sessions, following the broadly positive cues from Wall Street overnight. The benchmark S&P/ASX 200 is moving well above the 8,500 level, with gains across most sectors led by mining and technology stocks. Energy stocks are the only weak spot.

RTTNews | 7h 8min ago

Indonesia Bourse May Halt Its Slide On Friday

Indonesia Bourse May Halt Its Slide On Friday

The Indonesia stock market has moved lower in three straight sessions, dropping more than 180 points or 2.6 percent in that span. The Jakarta Composite Index now sits just above the 7,070-point plateau although it's due for support on Friday.

RTTNews | 7h 14min ago

Australia Private Sector Credit Adds 0.6% In December

Australia Private Sector Credit Adds 0.6% In December

Private sector credit in Australia was up a seasonally adjusted 0.6 percent on month in December, the Reserve Bank of Australia said on Friday - unchanged from the previous month and exceeding expectations for 0.5 percent.

RTTNews | 7h 34min ago

Australia Producer Prices Rise 0.8% In Q4

Australia Producer Prices Rise 0.8% In Q4

Final demand producer prices in Australia were up 0.8 percent on quarter in the fourth quarter of 2024, the Australian Bureau of Statistics said on Friday.

RTTNews | 7h 40min ago

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