Tags » S&P/TSX Composite Index

TSX up for third day in row; energy stocks lead gainers

Toronto’s main equity index is ahead for a third straight day Thursday, as bargain hunters snap up beaten-down oil and gas stocks.

As of about 12:45 pm EDT, the S&P/TSX Composite Index is up about 66 points to 14,368, led by a gain of more than 2.8 per cent in the S&P/TSX Capped Energy Index. 153 more words

BizBuzz

TSX off 132 points, down for 5th day in a row; oil dips below $49 US/barrel

It’s another nasty day in the stock market with Toronto’s lead index down for a fifth session in a row, led by further declines in energy and materials stocks. 193 more words

BizBuzz

Downside risk for Canadian stocks seen shifting away from resources

The Canadian equity market is an easy target for bearish global investors, primarily because of its heavy exposure to commodities.

But it’s useful to group Canadian stocks into two categories: resource-oriented and everything else. 368 more words

Trading Desk

Oil prices bounce off $50 US level; gold holds above $1,100

Oil prices are marginally higher in mid-day trading Tuesday, after briefly dipping below the $50 US mark on Monday.

As of about 12:54 pm EDT, the August futures contract for West Texas Intermediate (WTI) crude is trading at $50.44 US a barrel, up 29 cents on the day. 168 more words

BizBuzz

Stocks continue rally as TSX jumps nearly 100 points; oil prices slump again

Stocks continued to rally Wednesday,  with Toronto’s lead index up for a fourth straight day on the heels of another quarter-point cut in the Bank of Canada’s overnight rate, to just 0.5 per cent. 206 more words

BizBuzz

Stocks rally on Greek bailout deal: TSX, Dow up 100-plus points

Stock markets are in rally mode on Monday, picking up where they left off Friday, as the Greek government and its creditors hammered out the terms of a bailout agreement that will force the debt-strapped country to accept tough new austerity measures. 162 more words

BizBuzz

TSX down again, U.S. indexes rebound after Wednesday's selloff

Toronto’s lead equity index is in negative territory Thursday afternoon, giving up all of its early-day gains, while the U.S. indexes march higher.

As of about 2:13 pm EDT, Toronto’s S&P/TSX Composite Index is down about 60 points to 14,351, with seven of 10 sectors in the red, including energy stocks. 162 more words

BizBuzz