Black Friday Sale! Save huge on InvestingProGet up to 60% off

CANADA STOCKS-TSX seesaws as financials weigh

Published 2016-04-21, 11:06 a/m
© Reuters.  CANADA STOCKS-TSX seesaws as financials weigh
XAU/USD
-
POT
-
GC
-
CL
-
GOLD
-
GSPTSE
-
ATDb
-
BBDb
-
TD
-
RY
-

(Adds details on sectors and stocks throughout, updates prices)
* TSX down 12.78 points, or 0.09 percent, at 13,898.51
* Six of the TSX's 10 main groups were lower

TORONTO, April 21 (Reuters) - Canada's main stock seesawed
on Thursday as losses for financial sector stocks offset gains
for the materials group.
Still, the index has rallied more than 20 percent since
hitting a nearly 3-1/2-year low in January. It reached a nearly
six-month high on Wednesday at 13,971.83.
The most influential movers on the index included its
heavyweight bank stocks. Royal Bank of Canada RY.TO fell 0.6
percent to C$77.43, and Toronto-Dominion Bank TD.TO declined
0.4 percent to C$56.15.
The overall financials group fell 0.6 percent.
Bombardier Inc BBDb.TO fell 2.9 percent to C$1.69. Canada
will not give the struggling aircraft maker federal aid without
assurances on jobs, investment in research and the location of
the company's headquarters, a senior government official said on
Wednesday.
The energy group dipped 0.1 percent as oil prices fell.
U.S. crude CLc1 was down 1.9 percent at $43.34 a barrel.
Consumer staples stocks also lost ground, falling 0.8
percent. Alimentation Couche-Tard Inc ATDb.TO was down 1.8
percent at C$57.02.
At 10:49 a.m. EDT (1449 GMT), the Toronto Stock Exchange's
S&P/TSX composite index .GSPTSE fell 12.78 points, or 0.09
percent, to 13,898.51. Six of the index's 10 main groups were
lower.
The materials group, which includes precious and base metals
miners and fertilizer companies, rose 1.6 percent.
Barrick Gold Corp ABX.TO rose 3.2 percent to C$20.71,
while Potash Corp of Saskatchewan Inc POT.TO rallied 2.8
percent to C$23.37.
Spot gold XAU= rose 0.5 percent. GOL/

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.