Market Insights

Decorative pattern

Market Insights

Market Numbers: July 17, 2009

The Toronto stock market closed higher for a fifth session in a row, wrapping up a week of strong gains sparked by good earnings news that gave fresh life to the spring rally. The main S&P/TSX composite index advanced 65 points to 10,369.42, led by sharp gains in energy and mining stocks. The TSX surged […]

By Staff |July 17, 2009

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Market Insights

Market numbers: Thursday, July 16, 2009

The Toronto stock market appeared heading for a weak opening following three solid days of gains amid falling oil prices and a disappointing earnings report from Canadian energy company Nexen Inc. (TSX:NXY) The Toronto stock market is up 468 points or 4.8% this week as solid earnings reports from Goldman Sachs Group and chip giant […]

By Staff |July 16, 2009

3 min read

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Market Insights

Market Numbers: Thursday, July 16, 2009

The winning streak on the Toronto stock market extended to a fourth session Thursday, as buyers picked up industrial stocks and the energy sector benefited from another rise in oil prices. The S&P/TSX composite index moved 88.96 points higher to 10,304.42. The industrials sector ran ahead 1.4% ahead of earnings coming out Friday from General […]

By Staff |July 16, 2009

2 min read

Decorative pattern

Market Insights

Market numbers: Wednesday, July 15, 2009

The Toronto stock market looks set for a higher open with investors encouraged by a strong earnings report from chip giant Intel Corp. and rising oil prices. The Toronto stock market has racked up two solid sessions this week, gaining about 240 points or 2.5%, led by financial stocks amid a strong earnings report from […]

By Staff |July 15, 2009

3 min read

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Market Insights

Market Numbers: Wednesday, July 15, 2009

The Toronto stock market moved sharply higher for a third session after a much better than expected earnings report and outlook from Intel Corp. raised hopes for an economic recovery. Toronto’s S&P/TSX composite index moved up 229.31 points or 2.3% to 10,215.46 with leadership equally split between energy and financial stocks, but all sectors were […]

By Staff |July 15, 2009

3 min read

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Market Insights

Market numbers: Tuesday, July 14, 2009

The Toronto stock market looked set for a higher open Tuesday as signs of economic recovery in Asia kicked oil prices higher and investors awaited key earnings from the financial sector. The main S&P/TSX index registered a 145-point advance Monday, led by a sharp gain in the banking group after prominent banking analyst Meredith Whitney […]

By Staff |July 14, 2009

3 min read

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Market Insights

Market numbers: Tuesday, July 14, 2009

The Toronto stock market put in a solid gain Tuesday for a second session in a row, led by the financial sector in the wake of an earnings report from American banking giant Goldman Sachs Group that was much better than expected. The main S&P/TSX index closed up 94.22 points to 9,986.15 after surging 145 […]

By Staff |July 14, 2009

2 min read

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Market Insights

Market numbers: Monday, July 13, 2009

The Toronto stock market appeared headed for a flat open Monday following a bruising week, as investors looked ahead to a slew of U.S. earnings reports during the week. The main TSX index sustained a plunge of 536 points or 5.2% last week on worries about the pace of an economic recovery, underscored by little […]

By Staff |July 13, 2009

3 min read

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Market Insights

Market numbers: Monday, July 13, 2009

The Toronto stock market closed sharply higher as Canadian banks benefited from a positive outlook on U.S. financial heavyweight Goldman Sachs and investors took in data indicating an economic recovery may be taking hold. The S&P/TSX composite index was volatile, losing as much as 159 points in early trading, but the main index ended by […]

By Staff |July 13, 2009

2 min read

Decorative pattern

Market Insights

Market numbers: Friday, July 10, 2009

Stock markets appeared set for a weak open Friday amid lower expectations for the second-quarter earnings season and slumping oil prices. Commodity stocks led the Toronto Stock Exchange to a triple-digit gain Thursday after three days of steep losses. However, oil prices were back down below $60 a barrel Friday morning, pointing to a lower […]

By Staff |July 10, 2009

3 min read

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