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Market Insights
By Staff |October 9, 2009
Toronto’s main index ended in negative territory Friday as investors contained some of their recent enthusiasm over commodities prices. The S&P/TSX composite index shifted 47.59 points lower to 11,436.92, after four consecutive sessions of gains. The Canadian dollar was at 95.75 US., rising 0.71 of a cent. On the TSX, gold stocks took a beating […]
2 min read
Template Letter: RRSP marketing The Toronto stock market appeared to be headed for another upwards session on Thursday. The Toronto Stock Exchange has been on a tear this week. The S&P/TSX composite index added 101.91 points on Wednesday to close at 11,349.88, the third consecutive day of triple-digit gains. The third-quarter earnings season effectively got […]
By Staff |October 8, 2009
3 min read
The Toronto stock market ended Thursday with its fourth consecutive triple-digit gain, as a weaker U.S. dollar helped drive up commodities prices and sent the loonie soaring to its highest levels in more than a year. The S&P/TSX composite index closed up 134.63 to 11,484.51, while the Canadian dollar wrapped the day at 95.04, a […]
The Toronto stock market appeared set to open flat Wednesday morning after a furious two-day rally, as investors await the kickoff of earnings season. The S&P/TSX composite index gained close to 300 points or 2.6% in the first two days of trading this week amid sharply higher commodity prices and investor confidence that the economic […]
By Staff |October 7, 2009
The Toronto stock market gained significantly in the final hour of trading Wednesday to close ahead more than 100 points in a week that has already seen the index climb 3.6%. The S&P/TSX composite index added 101.91 points to 11,349.88 on continuing strength in metals prices and investor confidence that the economic rebound has staying […]
The Toronto stock market appeared headed for a higher opening Tuesday as investors search for further reasons to be optimistic about the global economy. Expected to grab attention is Canwest Global Communications Corp. (TSX:CGS), which announced that certain units of the company will seek court protection under the Companies’ Creditors Arrangement Act. Ahead of the […]
By Staff |October 6, 2009
The Toronto stock market saw another triple-digit gain Tuesday as commodity prices got a boost from optimism that the global economic recovery has legs. The S&P/TSX composite index added 145.35 points to 11,247.97 after soaring more than 250 points earlier in the day. The gold sector led the TSX, gaining 5.2%, as the December bullion […]
North American stock markets were poised for a higher opening Monday after two consecutive weeks of losses that followed disappointing U.S. economic data. Investors will be looking for optimism in a report on U.S. business activity in the services sector for signs of an improving economy. On Wall Street, the Institute for Supply Management’s service […]
By Staff |October 5, 2009
The Toronto stock market ended Monday with a triple-digit gain as investors responded positively to data that showed a U.S. economic recovery may indeed be gathering speed. Toronto’s S&P/TSX composite index was up 144.29 points to 11,102.62, while the Canadian dollar headed higher, rising 1.07 of a cent to 93.45 cents U.S. The U.S. Institute […]
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