The Daily

October 12th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks narrowed in on an all-time high, adding to a rally that has seen the country’s benchmark gain more than 5 percent in a month. The S&P/TSX Composite Index rose 30 points or 0.2 percent to 15,800.40, its highest close since Feb. 22. That [...]

October 11th, 2017   Daily Market Commentary   Canadian Headlines Canada’s equity benchmark gained, briefly touching its highest closing level since February, while the loonie strengthened the most this month. The S&P/TSX Composite Index rose 42 points or 0.3 percent to 15,770.36. It earlier rose as much as 0.4 percent, nearing the all-time high reached [...]

October 10th, 2017   Daily Market Commentary   Canadian Headlines Paris-based private equity firm Ardian is close to acquiring a $1 billion portfolio of stakes in other firms’ funds from Canada Pension Plan Investment Board, people with knowledge of the matter said. Ardian submitted the highest bid for the holdings at a recent auction, said the [...]

October 5th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks fell for the first time in six trading days as a short-seller’s report targeting Shopify Inc. pressured technology shares. The S&P/TSX Composite Index lost 8 points or 0.1 percent to 15,721.00. Shopify was the biggest obstacle, losing 12 percent after Citron Research called [...]

October 4th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks rose for a fifth day, propelled by financial and mining stocks and briefly hitting their highest level since February. The S&P/TSX Composite Index added 24 points or 0.2 percent to 15,728.51. The benchmark has risen for 14 of the last 17 trading days [...]

October 3rd, 2017   Daily Market Commentary   Canadian Headlines Canada’s stock benchmark continued to claw back its losses for the year, closing at its highest since April even as oil prices fell the most in three weeks. The S&P/TSX Composite Index rose 70 points or 0.5 percent to 15,705.00 on the first trading day of the [...]

October 2nd, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks posted their biggest monthly gain since July 2016, rising 2.8 percent in September as energy shares rebounded along with the price of oil. The S&P/TSX Composite Index added 17 points Friday or 0.1 percent to 15,634.94, the highest close since early May. Canadian [...]

September 29th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks eked out a small gain and closed at the highest since mid-May, helped by strong earnings at BlackBerry Ltd. and rising copper prices. The S&P/TSX Composite Index added 9 points or 0.1 percent to 15,618.25. Technology saw the largest gains, up 0.8 percent [...]

September 28th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks gained the most since May in a broad-based rally that saw rate-sensitive groups jump as bond yields hit their highest in three years. The S&P/TSX Composite Index added 136 points or 0.9 percent to 15,609.66, the highest close in more than four months. Canada’s [...]

September 27th, 2017   Daily Market Commentary   Canadian Headlines Canadian stocks snapped a rally that saw the benchmark index gain 2.6 percent in eight trading days, edging lower as falling metals prices weighed on mining shares. The S&P/TSX Composite Index lost 42 points or 0.3 percent to 15,474.12 as the materials sector fell 1.1 [...]