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The Daily

28 08, 2019

The Daily – August 28th, 2019

2019-08-28T09:18:48+00:00

August 28th, 2019 Daily Market Commentary Canadian Headlines Canadian stocks rose for a second day as gold and silver prices soared amid trade and recession fears. Oil also jumped by more than $1 per barrel. The S&P/TSX Composite Index climbed 0.5% to 16,183.59. Materials and information technology outperformed while cannabis shares lagged. The Horizons Marijuana Life Sciences ETF (HMMJ CN) [...]

The Daily – August 28th, 20192019-08-28T09:18:48+00:00
27 08, 2019

The Daily – August 27th, 2019

2019-08-27T08:40:11+00:00

August 27th, 2019 Daily Market Commentary Canadian Headlines Canadian stocks closed higher, following U.S. shares up after optimistic remarks from French and U.S. leaders about developments in the Sino-American trade war. The S&P/TSX Composite Index climbed 0.4% to 16,098.79. Shopify Inc. advanced 3.1%, leading information technology stocks higher. Consumer discretionary and staples also rose. On the commodities [...]

The Daily – August 27th, 20192019-08-27T08:40:11+00:00
26 08, 2019

The Daily – August 26th, 2019

2019-08-26T08:58:28+00:00

August 26th, 2019 Daily Market Commentary Canadian Headlines President Donald Trump’s twitter tirade upended markets globally Friday with the S&P/TSX Composite Index down 1.3%, for a second weekly decline. The slide in Canadian stocks wasn’t as painful as the plunge in their U.S. counterparts -- the Nasdaq was down 3% -- thanks to the heavy weighting of gold miners [...]

The Daily – August 26th, 20192019-08-26T08:58:28+00:00
23 08, 2019

The Daily – August 23rd, 2019

2019-08-23T08:36:15+00:00

August 23rd, 2019 Daily Market Commentary Canadian Headlines Canada’s equity benchmark retreated as pot stocks continued a several monthlong slide and lower crude prices weighed on energy shares. The S&P/TSX Composite Index lost 0.3% to 16,253.46. Eight of 11 sectors fell, with the health-care index leading the decline as pot stocks fell for a third [...]

The Daily – August 23rd, 20192019-08-23T08:36:15+00:00
22 08, 2019

The Daily – August 22nd, 2019

2019-08-22T09:15:41+00:00

August 22nd, 2019 Daily Market Commentary Canadian Headlines Canada’s equities benchmark gained, propelled by financial stocks, despite an earnings miss by Canada’s largest bank. The S&P/TSX Composite Index gained 0.6% to 16,309.23. Energy stocks rose 1% after the oil-rich province of Alberta extended its output cuts by a year to December 2020, a move that could help [...]

The Daily – August 22nd, 20192019-08-22T09:15:41+00:00
22 08, 2019

The Daily – August 21st, 2019

2019-08-22T08:48:11+00:00

August 21st, 2019 Daily Market Commentary Canadian Headlines Pembina Pipeline Corp. agreed to buy Kinder Morgan Inc.’s Canadian unit and the U.S. portion of the Cochin Pipeline system for about C$4.35 billion ($3.3 billion). The two deals with Kinder Morgan will give Pembina additional storage and shipping assets across Canada, connected to both conventional and oil-sands regions [...]

The Daily – August 21st, 20192019-08-22T08:48:11+00:00
20 08, 2019

The Daily – August 20th, 2019

2019-08-20T17:27:29+00:00

August 20th, 2019 Daily Market Commentary Canadian Headlines Enbridge Inc. is forging ahead on plans to shift to long-term contracts on its Mainline crude pipeline network, even as criticism of the revamp mounts. The company won’t delay the Oct. 2 deadline for producers to seek pipeline space because it needs the commitments to get regulatory approval [...]

The Daily – August 20th, 20192019-08-20T17:27:29+00:00
19 08, 2019

The Daily – August 19th, 2019

2019-08-19T08:51:24+00:00

August 19th, 2019 Daily Market Commentary Canadian Headlines Canadian stocks recovered some losses after a two-day slump, following U.S. stocks higher as investors got a break from a tumultuous week of concerns regarding trade. The S&P/TSX Composite Index rose 0.9% Friday. Pot shares led most of Canada higher, with only materials stocks lagging. TheScore Inc. jumped 10.2% [...]

The Daily – August 19th, 20192019-08-19T08:51:24+00:00
16 08, 2019

The Daily – August 16th, 2019

2019-08-16T09:55:25+00:00

August 16th, 2019 Daily Market Commentary Canadian Headlines Shopify Inc.’s scorching rally and Lightspeed POS Inc.’s successful trading debut this year are throwing the spotlight on who might be the next Canadian tech star to go public. A total of C$1 billion ($751 million) was invested in 142 venture capital deals in the first quarter, up 48% from [...]

The Daily – August 16th, 20192019-08-16T09:55:25+00:00
15 08, 2019

The Daily – August 15th, 2019

2019-08-15T09:08:42+00:00

August 15th, 2019 Daily Market Commentary Canadian Headlines Prime Minister Justin Trudeau was plunged back into the biggest scandal of his term just two months before elections, after the nation’s ethics watchdog ruled he inappropriately interfered in a judicial matter. In a report released Wednesday, Ethics Commissioner Mario Dion said Trudeau sought to pressure his former attorney [...]

The Daily – August 15th, 20192019-08-15T09:08:42+00:00
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