Investments

Market numbers: Thursday, June 25, 2009

The Toronto stock market could see some lift in early trading from higher oil prices while investors digest news of the U.S. Federal Reserve’s vote of confidence in the economy. But otherwise, U.S. futures pointed to a weak opening ahead of economic news. The Canadian dollar was down 0.72 of a cent to 86.05 cents […]

By Staff |June 25, 2009

3 min read

Energy stocks send TSX surging; N.Y. stocks jump

Energy stocks helped the Toronto stock market gain more than 200 points for a second day in a row Thursday on hopes that small signs of economic improvement will result in the start of a recovery by the end of the year. Toronto’s S&P/TSX composite index advanced 254.92 points to 10,355.85, following a 204-point runup […]

By Staff |June 25, 2009

4 min read

Market numbers: Wednesday, June 24, 2009

Investors will be looking to see if the Toronto stock market can extend a modest gain following a warning of a weak economic recovery while taking in a major deal in the Canadian oilpatch. Addax Petroleum Corp. (TSX:AXC) said Wednesday it has reached a deal that will see it acquired by Chinese oil and gas […]

By Staff |June 24, 2009

3 min read

Stocks close mixed, C$ down

The Toronto stock market rose sharply Wednesday as an unexpectedly positive dose of U.S. economic data raised hopes for an economic recovery. Also, the U.S. Federal Reserve chimed in with news that although the economy will likely remain weak, the lid will be kept on inflation and the pace of contraction is slowing. "Following on […]

By Staff |June 24, 2009

4 min read