Investments

Energy leads way to strong close as TSX breaks three session losing streak

Commodity stocks led a solid gain on the Toronto stock market Thursday amid higher prices for crude and metals. The S&P/TSX composite index snapped a fierce, three day losing streak that had chopped about 6% from the main index, closing up 120.47 points to 9,773.92. The string of triple-digit losses were sparked by worries that […]

By Staff |July 9, 2009

4 min read

Market numbers: Wednesday, July 8, 2009

The Toronto stock market could be headed for a third straight loss amid falling oil prices and hopes for a quick economic rebound. Oil prices were lower for a sixth straight day from a peak of above US$73 last week as investors think demand prospects do not warrant the sharp runup in prices seen over […]

By Staff |July 8, 2009

3 min read

TSX pummelled again as oil plunges

The losses continued to pile up on the Toronto stock market Wednesday as investors convinced the spring rally has run its course sold off across almost all sectors, with the main index losing more than 200 points. The S&P/TSX composite index, down over 300 points during afternoon trading, closed down 190.9 points to 9,653.45 — […]

By Staff |July 8, 2009

4 min read

Market numbers: Tuesday, July 07, 2009

The Toronto stock market could be in for a slightly higher open following a commodity-stock led tumble as oil prices headed slightly higher. The main TSX index fell 256 points or 2.5% Monday as investors continued to react to last Thursday’s much worse than expected U.S. employment report for June, which cast further doubt on […]

By Staff |July 7, 2009

3 min read