Arab Today, arab today canadian stock market moves higher
Last Updated : GMT 16:54:32
Arab Today, arab today
Arab Today, arab today

Canadian stock market moves higher

Arab Today, arab today

Arab Today, arab today Canadian stock market moves higher

Canadian stock market
Toronto - XINHUA

Canada's main stock market in Toronto on Monday advanced as a sharply higher gold price boosted the resources shares.
Following an increase last week, Toronto Stock Exchange's benchmark S&P/TSX Composite Index was up 74.03 points, or 0.49 percent, to 15,100.65 points, with six of the eight most weighed sectors in the rising streak.
Metals and Mining jumped 2.26 percent over a sharp rally in gold shares, with the most active gold contract for June delivery jumping 17.7 U.S. dollars, or 1.47 percent, to settle at 1,218.60 dollars per ounce.
The world's biggest gold producer Barrick Gold soared 5.43 percent to 15.74 Canadian dollars (about 12.61 U.S. dollars), and Yamana Gold Inc. advanced 3.2 percent to 4.84 Canadian dollars.
The index also strengthened as Energy rose 1.95 percent when light, sweet crude for May delivery gained three dollars to settle at 52.14 dollars a barrel on the New York Mercantile Exchange. Canadian Natural Resources Ltd. advanced 2.37 percent to 40.25 Canadian dollars, while Canadian Oil Sands Ltd. surged 4.82 percent to 11.31 Canadian dollars.
Although weighed by the oil prices slump during recent months, investors were relatively optimistic about the equity market.
According to a business outlook survey released by Bank of Canada on Monday, lower oil prices continue to dampen the overall sales outlook of firms, weighing on investment and hiring intentions. However, a majority of businesses are benefiting from the strong economic outlook in the United States and the boost in competitiveness from the weaker Canadian dollar.
Financials, the index's most heavily weighted sector, added 0. 11 percent with Royal Bank of Canada up 0.35 percent to 77.07 Canadian dollars per share.
In other major gainers, Info-tech and Telecom was up 1.29 percent and 0.48 percent, respectively.
However, the losers included Health Care, which lost 0.33 percent; and Industrials was down 0.39 percent.
On the currency front, the Canadian dollar on Monday closed higher to 0.8014 U.S. dollar from 0.7959 U.S. dollar on last Thursday, when the business outlook survey said that many firms outside the energy sector characterize the effects of lower oil prices and the weaker Canadian dollar as favorable for their business outlook.

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 moves higher Arab Today, arab today canadian stock market moves higher

 



Arab Today, arab today
Arab Today, arab today Mohamed Bahari prepares new collection for spring 2017

GMT 06:15 2017 Monday ,27 February

Mohamed Bahari prepares new collection for spring 2017
Arab Today, arab today As Olympics loom,China plunges into biz

GMT 10:08 2017 Tuesday ,28 February

As Olympics loom,China plunges into biz
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 UN envoy sets out framework

GMT 07:25 2017 Monday ,27 February

UN envoy sets out framework
Arab Today, arab today Kalam Nawaem made a difference in social issues

GMT 06:43 2017 Tuesday ,28 February

Kalam Nawaem made a difference in social issues

GMT 16:05 2017 Tuesday ,28 February

US. Stocks Close Mixed

GMT 15:45 2017 Tuesday ,28 February

US Stocks Close Higher with Dow Hits 12th Record High

GMT 09:45 2017 Tuesday ,28 February

China shuts down $7.3bn illegal forex operation

GMT 06:07 2017 Tuesday ,28 February

LSE, Deutsche Boerse deal in jeopardy
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Parliament considers solutions to overpopulation

GMT 20:27 2017 Monday ,27 February

Parliament considers solutions to overpopulation
Arab Today, arab today Humans spark most US wildfires

GMT 14:58 2017 Tuesday ,28 February

Humans spark most US wildfires
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Final Phantom VII signals end of an era

GMT 14:31 2017 Tuesday ,28 February

Final Phantom VII signals end of an era
Arab Today, arab today 'Constructive' Vauxhall talk with union

GMT 08:54 2017 Saturday ,25 February

'Constructive' Vauxhall talk with union
Arab Today, arab today Aspires present the story of Egypt’s first president

GMT 06:18 2017 Sunday ,26 February

Aspires present the story of Egypt’s first president
Arab Today, arab today Penguins in the age of dinos

GMT 11:44 2017 Saturday ,25 February

Penguins in the age of dinos

GMT 06:42 2017 Saturday ,25 February

Reasons for the delay 'On the Stairs of Servants'

GMT 05:14 2017 Thursday ,23 February

UK appoints 1st Scotland Yard chief in 188 years

GMT 18:23 2017 Friday ,24 February

Fadi explains secrets of  Nancy Ajram's newlook

GMT 12:16 2017 Thursday ,23 February

Ex-yoga missionary unleashes rage

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 10:51 2017 Saturday ,25 February

Pigs with edited genes show resistance

GMT 18:28 2017 Saturday ,25 February

Tourist guide explains types of tourism

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 06:28 2017 Tuesday ,28 February

Dumbphones survive rise of the smartphone

GMT 22:42 2017 Thursday ,23 February

Nasima Gamei revives heritage in jewelries
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