Market Insights

Stocks close lower, C$ down

The financials sector led the way to a tumble on the Toronto stock market Tuesday amid a major disappointment in American consumer confidence. The S&P/TSX composite index closed down 101.86 points to 10,374.91 as the Toronto market wrapped up second-quarter trading with a substantial gain. The TSX is closed Wednesday for the Canada Day holiday. […]

By Staff |June 30, 2009

5 min read

Market numbers: Monday, June 29, 2009

The Toronto stock market is set to benefit from higher oil prices at the open ahead of a shortened trading week in Canada and the United States. The August crude contract on the New York Mercantile Exchange was up 62 cents to US$69.78 even as the International Energy Agency said oil demand is set to […]

By Staff |June 29, 2009

3 min read

Managers turn bullish on stocks, corporate debt

The stock market rally that started in March has seen the S&P/TSX Composite Index gain more than 3,000 points, leading some to comment that it is an unsustainable bounce off the bottom. But this theory is held by a minority of investment managers, with most seeing more growth ahead, according to the latest survey by […]

By Steven Lamb |June 29, 2009

3 min read

TSX closes higher as investors snap up energy, financials; oil stocks lift N.Y.

Strong buying interest in energy and financial stocks pushed the Toronto stock market to a solid gain Monday. The S&P/TSX composite index closed up 87.01 points to 10,476.77 ahead of a shortened trading week in Canada and the United States. The TSX energy sector was ahead 1.4% as the August crude contract on the New […]

By Staff |June 29, 2009

4 min read