Investments

P.M. market numbers: January 18, 2009

The Toronto stock market started the trading week off positive Monday, led by higher commodity and financial stocks. The S&P/TSX composite index closed up 65.17 points to 11,750.54 after a lukewarm start to the U.S. quarterly earnings season and moves by China to cool its economy had pushed the main index down more than two […]

By Staff |January 18, 2010

2 min read

PowerShares launched as mutual funds

• Visit the Advisor.ca ETF Centre One of the world’s largest exchange traded fund providers, PowerShares has launched in Canada — not as an ETF, but as a suite of corporate class mutual funds wrapped around an underlying ETF. Advisors are clearly the target market for the new product launch by Invesco Trimark, which brings […]

By Mark Noble |January 15, 2010

4 min read

A.M. market numbers: January 15, 2010

The Toronto stock market headed for a lower open as oil prices fell on concerns about reduced demand and a stronger U.S. dollar. The Canadian dollar was down 0.29 of a cent to 97.42 cents US. U.S. futures also pointed to a negative open despite an earnings report from chip giant Intel Corp. after the […]

By Staff |January 15, 2010

3 min read

P.M. market numbers: January 15, 2010

The latest in a series of disappointing earnings reports and soft U.S. economic data sent the Toronto stock market sharply lower. The S&P/TSX composite index fell 119.01 points to 11,685.37. The main index lost 2.24% for the week. The Toronto financial sector pulled back after American banking giant JPMorgan Chase missed revenue expectations for the […]

By Staff |January 15, 2010

2 min read