Canada’s dismal stock market performance has just about run its course, according to Quebec’s biggest independent fund manager, which predicts a 13 per cent rally by year-end. 372 more words
Tags » S&P/TSX Composite Index
With inflation looking like it’s starting to creep back into the market, Canadian stocks appear ready to stage a comeback.
They could use it, as the S&P/TSX Composite Index is down slightly in the past 12 months, compared to a gain of 13 per cent for the S&P 500. 398 more words
Two prominent strategists are making starkly different forecasts of where Canada’s stock market is headed as a two-month rally stalls.
On the bull side is Brian Belski, chief investment strategist at BMO Capital Markets, who sees the S&P/TSX Composite Index hitting 17,600 by the end of 2018 — about 10 per cent higher than current levels. 537 more words
The macro picture for Canadian oil companies lately is a messy one, with intrigue in the House of Saud, threats of Norwegian divestment and a Keystone pipeline leak just the latest concerns for investors. 718 more words
Investment lore tells us that “there’s gold in them there hills,” when it comes to initial public offerings of stocks. Surely everyone has heard stories of those fortunate enough to “get in on the ground floor” of a McDonalds, Apple or Dollarama and the countless number of times those stocks have multiplied since then. 1,643 more words
The S&P/TSX Composite Index broke above 16,000 for the first time Monday, as Canadian stocks continue a winning streak that began in early September.
Canada’s benchmark stock index closed up 49.27 points at 16,002.78 after climbing as high as 16,033.12 earlier in the day. 737 more words
Not even a record high can shake Canadian stocks of their Eeyore complex.
The S&P/TSX Composite Index closed up 0.4 per cent to 15,953.51 on Friday, surpassing the record of Feb. 811 more words