The Canadian stock market closed at a seven-week high on Monday as a jump in the gold price drove mining stocks up. The Toronto Stock Exchange's benchmark S&P/TSX Composite Index rose 73.25 points, or 0.58 percent, to close at 12758.38, posting its fourth session of gains in a row. The bullion price jumped more than 3 percent Monday, posting its biggest one day move upward in more than a year, helped by reduced concern that the Fed will soon taper its stimulus program. The metals and mining sector, boosted by soaring gold stocks, climbed 1.5 percent. Goldcorp Inc shot up 5.8 percent to 29.97 Canadian dollars per share and had the biggest positive influence on the index. Barrick Gold Corp jumped 6.4 percent to 18.25 Canadian dollars. Shares of energy companies climbed 0.2 percent. Enbridge Inc added 0.5 percent to 46.79 Canadian dollars, while Suncor Energy rose 0.3 percent to 33.09 Canadian dollars. The key financial sector gained 0.5 percent. Royal Bank of Canada, the country's biggest lender, was up 0.9 percent at 65.66 Canadian dollars. The telecom sector declined as Canada's largest communication operator BCE Inc. was 2.3 percent lower to 42.30 Canadian dollars per share while Rogers Communications fell to 41.15 Canadian dollars. At closing, the Canadian dollar moved up at 0.9676 U.S. dollars at 5 p.m. local time (2100 GMT), compared with 0.9646 U.S. dollars last Friday.
GMT 11:02 2018 Tuesday ,11 December
ASE opens trading on lower noteGMT 15:40 2018 Monday ,10 December
Amman stock market closes trading at JD4.4 millionGMT 19:10 2018 Wednesday ,05 December
Index at Palestine stock market drops by less than one pointGMT 17:58 2018 Sunday ,25 November
Amman stock market wraps up trading at JD2.6 millionGMT 14:24 2018 Thursday ,22 November
Russia’s stock market demonstrates record-breaking figures in 2018GMT 11:45 2018 Tuesday ,20 November
Tokyo stocks close lower as tech issues weigh, Nissan tumblesGMT 15:08 2018 Monday ,19 November
Amman stock market wraps up trading at JD6.1 millionGMT 15:51 2018 Sunday ,18 November
U.S. stocks post weekly losses amid tech shares routMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor