TSX Ends Marginally Up After Lackluster Session

RTTNews | 13h 26min ago

(RTTNews) - The Canadian market settled marginally up on Thursday, lifted by gains in materials stocks. Activity was subdued almost right through the day's session as investors largely stayed away on the sidelines, awaiting Canadian and U.S. jobs data, due on Friday.

Trading volumes were thin as U.S. markets were closed today in honor of former U.S. President Jimmy Carter, who died in late December at age 100.

The benchmark S&P/TSX Composite Index, which moved in a very tight band, ended the day's session with a small gain of 21.68 points or 0.09% at 25,073.36.

Materials shares gained as metal prices climbed higher. Lundin Gold (LUG.TO) rallied nearly 6%. Capstone Mining Corp (CS.TO) closed nearly 5% up. Equinox Gold Corp (EQX.TO), First Quantum Minerals (FM.TO), Aya Gold & Silver (AYA.TO), New Gold (NGD.TO) and Osisko Gold Royalties (OR.TO) gained 3 to 4.2%.

Kinross Gold Corp (K.TO), Lundin Mining Corp (LUN.TO), K92 Mining (KNT.TO) and Teck Resources (TECK.B.TO) also posted strong gains.

Bausch Health Companies (BHC.TO) gained 3%. EQB Inc (EQB.TO), Finning International (FTT.TO), Rogers Communications (RCI.A.TO), Agnico Eagle Mines (AEM.TO), Badger Infrastructure (BDGI.TO), Ag Growth International (AFN.TO), Wheaton Precious Metals (WPM.TO) and K-Bro Linen (KBL.TO) advanced 1.3 to 2%.

Bombardier Inc (BBD.B.TO), Hut 8 Corp (HUT.TO), Quebecor Inc (QBR.A.TO) and Richelieu Hardware (RCH.TO) lost 2 to 2.5%.

Osisko Development (ODV) gained nearly 1%. The company announced the appointment of David Rouleau as Vice President, Project Development. The company also announced that ric Tremblay, Chief Operating Officer, is leaving the company effective immediately.

Endeavour Silver Corp. (EDR.TO) gained more than 2.5%. The company reported a decline in gold and silver production for the fourth quarter. However, the company posted an improvement in annual gold output. For the full year, gold output was 39,047 ounces, higher than 37,858 ounces in 2023.

European Economic News Preview: France Industrial Output, Consumer Spending Due

Industrial production and consumer spending from France and retail sales from Italy are due on Friday, headlining a light day for the European economic news. At 1.45 am ET, the State Secretariat for Economic Affairs releases Swiss unemployment data for December. The jobless rate is forecast to rise to 2.7 percent from 2.6 percent in the previous month.

RTTNews | 5h 23min ago

European Shares Set For Muted Start Before US Jobs Data

European stocks may drift lower at open on Friday as investors brace for the all-important U.S. jobs report later in the day.

RTTNews | 6h 15min ago

Sensex, Nifty Follow Global Peers Lower; IT Stocks Surge

Indian shares opened lower on Friday, mirroring weak cues from global markets amid Trump's tariff threats and expectations of fewer interest-rate cuts by the U.S. Federal Reserve in 2025.

RTTNews | 7h 29min ago

Asian Markets Mixed Amid Cautious Trades

Asian stock markets are trading mixed on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed, as traders are cautious ahead of the release of the closely watched US monthly jobs later in the day, which will potentially provide additional clarity about the strength of the labor market and the outlook for interest rate cuts.

RTTNews | 8h 33min ago

Australian Market Maintains Early Losses In Mid-market

The Australian stock market is maintain its early losses in mid-market trading on Friday, also adding to the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight. The benchmark S&P/ASX 200 is falling well below the 8,300 level, with weakness in financial, energy and technology stocks partially offset by gains in mining stocks.

RTTNews | 9h 8min ago

Sensex, Nifty Seen Drifting Lower As TCS Misses Revenue Estimates

Indian shares look set to open lower on Friday, with IT stocks likely to be in focus after Tata Consultancy Services (TCS), the country's largest IT services firm, missed estimates on both revenue and profit fronts.

RTTNews | 9h 18min ago

Japanese Market Notably Lower

Extending the losses in the previous two sessions, the Japanese market is notably lower on Friday, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The Nikkei 225 is falling well below the 39,300 level, with weakness across most sectors led by index heavyweights and financial stocks. Technology stocks are the only bright spot.

RTTNews | 9h 27min ago

Australian Market Notably Lower

The Australian stock market is notably lower on Friday, extending the losses in the previous session, following the mixed cues from European markets and lack of cues from Wall Street overnight as they were closed. The benchmark S&P/ASX 200 is falling below the 8,300 level, with weakness in financial and technology stocks partially offset by gains in mining and energy stocks.

RTTNews | 9h 50min ago

EURUSD	1.02818	GBPUSD	1.22703	AUDUSD	0.61869
USDJPY	158.324	USDCAD	1.44194	USDCHF	0.91291