Toronto Stock Exchange, Sept. 23-27
Positive economic data out of China firmed up commodity prices and took the resource-heavy S&P/TSX Composite Index higher. The Index was up 33 points for the period, finishing at 12,844 points.
Positive economic data out of China firmed up commodity prices and took the resource-heavy S&P/TSX Composite Index higher. The Index was up 33 points for the period, finishing at 12,844 points.
The S&P/TSX Venture Composite Index registered modest gains throughout the trading week, jumping 6.76 points before closing the week at 952.86.
Stock markets are realizing that they have been underpricing base-metal equities, Salman Partners senior mining analyst Raymond Goldie says, and investors should “wait two months, then start taking advantage of this trend.”
The major U.S. indexes rose for the third week in a row — lifted by the U.S. Federal Reserve’s surprise decision on Sept. 18 to delay tapering its massive stimulus program. The Dow Jones Industrial Average advanced 0.50% to…
The U.S. Federal Reserve’s surprise announcement to maintain its stimulus program helped lift Toronto markets during the trading week.
The S&P/TSX Venture Composite Index saw little movement during the trading sessions, dropping 4.6 points before closing out the week at 946.10. The Venture was affected after gold and crude oil futures struggled in early trading before…
Ned Goodman, president and CEO of Dundee Corp., spoke about the perils of quantitative easing at the Toronto Resource Investment Conference on Sept. 12. He made the following remarks, as recorded by The Northern Miner, with part one having…
The S&P/TSX Venture Composite Index lost ground during the trading period, with a decline in commodity futures fuelling the fall. During the week the Venture dropped 1.4%, or 13.42 points, en route to a 941.50-point close, as U.S….
The Dow Jones Industrial Average posted its best gain since January, climbing 453.54 points, or 3.04%, to 15,376.06; and the S&P 500 Index reported its best gain in two months, rising 1.98%, or 32.82 points, to 1,687.99. The Nasdaq…
The S&P/TSX Composite Index sank 131.24 points during the trading week to finish the period at 12,723.40, as concerns over the U.S. Federal Reserve’s tapering stimulus lingered.
In a presentation at the Toronto Resource Investment Conference Sept. 12, David Franklin of Sprott Asset Management said that after a tough first half of the year “we have turned the corner” and that investors can take advantage of…
Jobs data in the U.S. showing that employers hired fewer workers than expected in August and that fewer Americans were looking for work raised hopes that the Federal Reserve would not trim its massive stimulus program when it meets on Sept. 17,…
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