Investments

Bank stocks take TSX higher

The Toronto stock market closed slightly higher Friday as a late-day burst in financial stocks cancelled out declines in energy and gold stocks. The S&P/TSX composite index moved 33.91 points higher to 10,389.76 on top of two days of strong, triple-digit advances. The Canadian dollar was up 0.15 of a cent to 86.64 cents US. […]

By Staff |June 26, 2009

3 min read

Market numbers: Thursday, June 25, 2009

The Toronto stock market could see some lift in early trading from higher oil prices while investors digest news of the U.S. Federal Reserve’s vote of confidence in the economy. But otherwise, U.S. futures pointed to a weak opening ahead of economic news. The Canadian dollar was down 0.72 of a cent to 86.05 cents […]

By Staff |June 25, 2009

3 min read

Energy stocks send TSX surging; N.Y. stocks jump

Energy stocks helped the Toronto stock market gain more than 200 points for a second day in a row Thursday on hopes that small signs of economic improvement will result in the start of a recovery by the end of the year. Toronto’s S&P/TSX composite index advanced 254.92 points to 10,355.85, following a 204-point runup […]

By Staff |June 25, 2009

4 min read

Market numbers: Wednesday, June 24, 2009

Investors will be looking to see if the Toronto stock market can extend a modest gain following a warning of a weak economic recovery while taking in a major deal in the Canadian oilpatch. Addax Petroleum Corp. (TSX:AXC) said Wednesday it has reached a deal that will see it acquired by Chinese oil and gas […]

By Staff |June 24, 2009

3 min read