Market Insights

Decorative pattern

Market Insights

P.M. market numbers: August 28, 2009

The energy sector helped push the Toronto stock market higher Friday. The S&P/TSX composite index added 44.01 points to 10,977.97, leaving the TSX up 146.79 points or 1.35 per cent on the week following solid earnings reports from most of the big banks. But the financial sector fell even as Scotiabank beat earnings expectations in […]

By Staff |August 28, 2009

2 min read

Decorative pattern

Market Insights

A.M. market numbers: August 27, 2009

The Toronto stock market will find support at the open as strong earnings reports from three of the big Canadian banks beat expectations. Profits at Royal Bank surged 24% during the third quarter of 2009 to $1.6 billion or $1.05 per share for the quarter ended July 31, up from year-earlier net income of $1.3 […]

By Staff |August 27, 2009

3 min read

Decorative pattern

Market Insights

P.M. market numbers: August 27, 2009

The Toronto stock market closed slightly higher Thursday, thanks in large part to strong earnings from three of the big Canadian banks. It was another volatile day on the S&P/TSX composite index, which lost as much as 104 points before rallying to close up 21.79 points to 10,933.96. The energy sector led declines, down 1.17% […]

By Staff |August 27, 2009

2 min read

Decorative pattern

Market Insights

A.M. market numbers: August 26, 2009

The Toronto stock market could be headed for a lower open as CIBC reported earnings that fell short of expectations while oil prices declined. CIBC reported net earnings of $434 million or $1.02 per share for the quarter ended July 31, up sharply from profits of $71 million or $1.02 per share booked a year […]

By Staff |August 26, 2009

3 min read