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The Daily

28 10, 2019

The Daily – October 28th

2019-10-28T10:25:17+00:00

October 28th, 2019 Daily Market Commentary Canadian Headlines October has been a busy month for Canada: a federal election, the first anniversary of legalized weed, easing U.S.-China trade tensions and earnings announcements are trickling in. But the stock market seems to have ignored all that. With 18 trading sessions out of the way in October, the S&P/TSX Composite Index has barely [...]

The Daily – October 28th2019-10-28T10:25:17+00:00
25 10, 2019

The Daily – October 25th

2019-10-25T08:57:40+00:00

October 25th, 2019 Daily Market Commentary Canadian Headlines Canadian equities gained as gold prices rebounded past the $1,500 mark, boosting mining stocks. The S&P/TSX Composite Index added 0.2% to 16,369.32, its first gain since Monday. Technology shares led the increase as Shopify Inc. jumped 8.8%, the most since December, although shares were weaker in post-market [...]

The Daily – October 25th2019-10-25T08:57:40+00:00
24 10, 2019

The Daily – October 24th

2019-10-24T08:35:42+00:00

October 24th, 2019 Daily Market Commentary Canadian Headlines Canadian stocks retreated for a second day after Rogers Communications Inc. cut its annual forecast, sending the communication services index down by the most since 2013. The S&P/TSX Composite Index fell 0.3% to 16,335.93. Rogers lost 8.1% to the lowest since June 2018 after it cited new [...]

The Daily – October 24th2019-10-24T08:35:42+00:00
23 10, 2019

The Daily – October 23rd

2019-10-23T08:44:27+00:00

October 23rd, 2019 Daily Market Commentary Canadian Headlines Rogers Communications Inc. cut its financial guidance as it reported a profit of $593 million in its latest quarter, compared with $594 million in the same quarter last year. The cable and wireless company says it earned $1.14 per diluted share for the quarter ended Sept. 30, [...]

The Daily – October 23rd2019-10-23T08:44:27+00:00
22 10, 2019

The Daily – October 22nd

2019-10-22T08:59:15+00:00

October 22nd, 2019 Daily Market Commentary Canadian Headlines Stocks rose and the loonie gained to its highest in three months as Canadians headed to the polls Monday, bolstered by positive signs on trade talks. The S&P/TSX Composite Index added 0.3% to 16,418.45. Knight Therapeutics Inc. was the biggest gainer on the benchmark, adding 14% after it [...]

The Daily – October 22nd2019-10-22T08:59:15+00:00
21 10, 2019

The Daily – October 21st

2019-10-21T09:49:49+00:00

October 21st, 2019 Daily Market Commentary Canadian Headlines Canada’s election and a handful of bellwether earnings should perk things up after a holiday-shortened week in which volume slumped on the Toronto Stock Exchange and the benchmark equity index went nowhere. Stocks fell marginally Friday with the S&P/TSX Composite Index having closed down by fewer than 40 points [...]

The Daily – October 21st2019-10-21T09:49:49+00:00
18 10, 2019

The Daily – October 18th

2019-10-18T08:48:37+00:00

October 18th, 2019 Daily Market Commentary Canadian Headlines Canadian equities ended Thursday’s session little changed, even as pot stocks rebounded from Wednesday’s slump and materials got a boost from First Quantum Minerals. Consumer discretionary and communication services were among the worst sectors. The S&P/TSX Composite declined slightly to 16,426 in Toronto. The move follows the [...]

The Daily – October 18th2019-10-18T08:48:37+00:00
17 10, 2019

The Daily – October 17th

2019-10-17T08:15:33+00:00

October 17th, 2019 Daily Market Commentary Canadian Headlines Canadian stocks were little changed for a second day as materials were the best performers, while tech stocks were the worst. The S&P/TSX Composite advanced slightly to 16,427 in Toronto. Barrick Gold Corp. contributed the most to the index gain, increasing 1.7%. Aritzia Inc. had the largest [...]

The Daily – October 17th2019-10-17T08:15:33+00:00
16 10, 2019

The Daily – October 16th

2019-10-16T08:45:59+00:00

October 16th, 2019 Daily Market Commentary Canadian Headlines Canadian equities opened the holiday-shortened week higher as marijuana grower Aphria Inc. became the first large pot producer to report a second consecutive profitable quarter. The S&P/TSX Composite Index rose less than 0.1% to 16,419. Eight of eleven sectors advanced, with materials being the weakest group. Meanwhile, [...]

The Daily – October 16th2019-10-16T08:45:59+00:00
15 10, 2019

The Daily – October 15th

2019-10-15T08:58:19+00:00

October 15th, 2019 Daily Market Commentary Canadian Headlines Pot legalization was supposed to eliminate the black market, boost Canada’s economy and enrich investors. It hasn’t quite turned out that way. A year after the country became the first major economy to legalize recreational cannabis, pot stocks have lost more than half their value, retail prices [...]

The Daily – October 15th2019-10-15T08:58:19+00:00
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