Arab Today, arab today canada\s main stock climbs on back of us strength
Last Updated : GMT 03:59:40
Arab Today, arab today
Arab Today, arab today

Canada\'s main stock climbs on back of US strength

Arab Today, arab today

Arab Today, arab today Canada\'s main stock climbs on back of US strength

Toronto - XINHUA

Canada's main stock index closed at the highest Friday in more than two years, taking its cue from fresh all-time highs hit on Wall Street and positive development in Japan. After being closed for Christmas and Boxing Day holidays, the Toronto Stock Exchange's S&P/TSX composite index rose 69.96 points, or 0.52 percent, to 13,587.98 at the close, logging a two-week winning streak since Dec. 13. And it recorded the highest closing since June 1, 2011, when the index closed at 13527.88 points. The record run in the past 10 days in New York and the positive developments in Japanese stocks indicated that investors were confident in the world economy recovery. US stock indexes closed slightly lower on Friday, but recorded solid weekly gains. The Dow closed higher for a sixth consecutive session on Thursday, and is on track for its best yearly gain since 1996. And the S&P 500 also hit a record high on Thursday and the Nasdaq Composite ended at its highest level since September 2000. Besides, the Nikkei 225 average rewrote its highest closing level in six years Friday. The key market gauge inched 4.50 points up to 16,178.94, its best finish since Nov. 6, 2007. On Thursday, the Nikkei gained 164.45 points. Base metals led the gains on the TSX. Shares in HudBay Minerals Inc., a Toronto-based producer of copper concentrate and zinc metal, climbed 1.64 percent, to 8.67 Canadian dollars, while copper and zinc giant, Teck Resources Ltd., gained 2.35 percent to 27.44 Canadian dollars. Energy shares were up 0.64 percent. Imperial Oil added 0.86 percent to 47.11 Canadian dollars, while Suncor rose to 37.24 Canadian dollars. The financials and the telecom shares rose 0.41 percent and 0.85 percent respectively. BlackBerry shares dipped 5.1 percent to 7.83 Canadian dollars, which pulled down the info tech sector by 1.21 percent. It was reported that co-founder Mike Lazaridis of the struggling Canadian smartphone maker had cashed in 26 million Canadian dollars' worth of shares. The transaction would bring Lazaridis' stake in the tech maker to 5 percent. The Canadian dollar was down to 0.9305 US dollar Friday, compared with 0.9403 U.S. dollar in Tuesday's trading.

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today canada\s main stock climbs on back of us strength Arab Today, arab today canada\s main stock climbs on back of us strength

 



Arab Today, arab today
Arab Today, arab today Jordan airline suggests flyers 'talk'

GMT 11:59 2017 Friday ,24 March

Jordan airline suggests flyers 'talk'
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemen children dream of school

GMT 07:25 2017 Friday ,24 March

Yemen children dream of school
Arab Today, arab today MP submits a petition to dismiss university head

GMT 06:21 2017 Friday ,24 March

MP submits a petition to dismiss university head
Arab Today, arab today Salvage of South Korea's Sewol ferry

GMT 04:51 2017 Friday ,24 March

Salvage of South Korea's Sewol ferry
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Merna Waleed praises her work with Soad Hosni

GMT 07:03 2017 Wednesday ,22 March

Merna Waleed praises her work with Soad Hosni
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 07:38 2017 Friday ,24 March

Pass health bill Friday or he'll move on

GMT 07:36 2017 Wednesday ,22 March

US, Britain ban laptops on flights

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday