Arab Today, arab today canadian stock market closes down amid ukraine concerns solid earning
Last Updated : GMT 20:31:08
Arab Today, arab today
Arab Today, arab today

Canadian stock market closes down amid Ukraine concerns, solid earning

Arab Today, arab today

Arab Today, arab today Canadian stock market closes down amid Ukraine concerns, solid earning

Canadian markets slightly higher amid strong earning reports
Toronto - XINHUA

 Canada's main stock market drifted lower on Thursday amid the escalating geopolitical tensions in Ukraine and a series of solid earning reports.
Toronto Stock Exchange's benchmark S&P/TSX Composite Index lost 83.66 points or 0.55 percent to 15,118.43 points, with six of the eight most weighed sectors in the red.
Although a string of solid earnings reports lifted TSX on the opening bell Thursday, traders were rattled by the escalating conflict between the West and Russia. In a move to retaliate against the West's sanctions, Russian Prime Minister Dmitry Medvedev said Thursday that Russia is imposing a ban on food imports from the European Union and the United States.
The most-heavily sector financials lost 0.79 percent when Sun Life Financial Inc. tumbled 2.55 percent to 40.10 Canadian dollars (about 36.72 U.S. dollars) and Toronto-Dominion Bank losing 0.85 percent to 55.94 Canadian dollars per share.
Shares of the mining sector plunged 1.34 percent, with the basic metals giant Teck down 1.66 percent to 25.40 Canadian dollars. However, its sub-sector, the gold group was trading slightly higher with S&P/TSX Global Gold Index up 0.28 percent. The world's biggest gold producer Barrick advanced 0.65 percent to 20.18 Canadian dollars, and Goldcorp Inc. also rallied 0.46 percent to 30.89 Canadian dollars.
In other sectors, info tech lost 1.06 percent and energy moved down 0.7 percent.
The health care sector rose 1.88 percent. Extendicare Inc. soared 7.33 percent to 7.91 Canadian dollars apiece. The senior care services provider announced its earnings report on Wednesday after the closing bell, and its consolidated revenue improved by 12.3 million U.S. dollars in the second quarter.
In corporate news, Air Canada shares slumped amid concerns about smaller margins despite it reported strong second-quarter financial results on Wednesday.
The Canadian biggest air liner said its adjusted net income increased 21 percent to 139 million Canadian dollars in the second quarter of this year. However, its yield, or average fare per mile, declined 2.1 percent in the second quarter. The Chief Executive Officer Calin Rovinescu said yields will continue to fall this year as the airline adds more economy class seats and operates longer flights with a view to boosting profit.
Following the news, Air Canada's shares dived to 8.5 Canadian dollars per share by 8.21 percent, the biggest decline in a single trading day since June 12.
On the economic front, Statistics Canada said Thursday that contractors took out building permits worth 8.0 billion Canadian dollars in June, up 13.5 percent from May. The June increase was mainly due to higher construction intentions for institutional and industrial buildings in Quebec and commercial buildings in Alberta.
On the currency front, the Canadian dollar Thursday was lower to 0.9157 U.S. dollar from 0.9163 U.S. dollar on Wednesday..

arabstoday
arabstoday

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 canadian stock market closes down amid ukraine concerns solid earning Arab Today, arab today canadian stock market closes down amid ukraine concerns solid earning

 



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 canadian stock market closes down amid ukraine concerns solid earning Arab Today, arab today canadian stock market closes down amid ukraine concerns solid earning

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today A no-frills business success

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Israel sees benefits in independent Kurdistan

GMT 07:58 2017 Wednesday ,20 September

Israel sees benefits in independent Kurdistan
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today New Zealand opposition looks

GMT 10:35 2017 Thursday ,14 September

New Zealand opposition looks
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Five trends at the Frankfurt auto show

GMT 12:04 2017 Monday ,18 September

Five trends at the Frankfurt auto show
Arab Today, arab today Horia Farghaly happy for success of “Case G”

GMT 12:14 2017 Monday ,18 September

Horia Farghaly happy for success of “Case G”
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 06:31 2017 Saturday ,16 September

Eman Al Assy receives three offers

GMT 05:05 2017 Tuesday ,12 September

Pregnant woman's suicide roils China

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 04:26 2017 Wednesday ,20 September

Opioid overdose deaths take 2.5 months

GMT 11:40 2017 Monday ,18 September

Russia and Iraq restore air travel

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:56 2017 Friday ,15 September

Apple's grand plan in Ireland held up by a forest

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
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