Arab Today, arab today canadian stock market slides amid lower oil prices china data
Last Updated : GMT 22:20:05
Arab Today, arab today
Arab Today, arab today

Canadian stock market slides amid lower oil prices, China data

Arab Today, arab today

Arab Today, arab today Canadian stock market slides amid lower oil prices, China data

Canada's main stock market
Beijing - XINHUA

Canada's main stock market ended lower Friday following Thursday's slight bounce, as oil prices extended the losing tune and the slow-down in China's investment growth triggered investors' concern.
Toronto Stock Exchange's benchmark S&P/TSX Composite Index shed 173.22 points, or 1.25 percent, to 13,731.90 points, with six of the eight major sectors lower more than one percent.
Oil price continued to retreat below the level of 60 U.S. dollars per barrel after the International Energy Agency lowered its global demand outlook. Light, sweet crude for January delivery moved down 2.14 U.S. dollars to settle at 57.81 dollars a barrel on the New York Mercantile Exchange.
The index was also weighed by weak Chinese data. According to China's official data, the industrial output of the world's second largest economy grew 7.2 percent year on year in November, compared with the 7.7-percent increase in October.
TSX energy sector was hammered down 1.10 percent, when Suncor Energy Inc. lost 1.32 percent to 32.13 Canadian dollars (about 27. 77 U.S. dollars), and Canadian Natural Resources Ltd. declined 3. 12 percent to 33.17 Canadian dollars per share.
By contrast, Talisman Energy Inc. bucked the trend by surging 18.31 percent to 5.04 Canadian dollars because it was reported that the Calgary-based oil and gas explorer was close to receive a takeover offer up to 8 billion U.S. dollars from the Spain oil and gas company Repsol.
In other sectors, the metals & mining plunged 2.99 percent as First Quantum Minerals Ltd. dropped 3.01 percent to 16.42 Canadian dollars, whereas Teck Resources Ltd. dived 6.01 percent to 12.82 Canadian dollars.
Financials decreased 1.36 percent. Royal Bank of Canada plummeted 1.38 percent to 77.41 Canadian dollars and Toronto Dominion Bank gave back 1.12 percent to 51.91 Canadian dollars.
The only gainer among the eight TSX major sectors on Friday was the healthcare sector, which advanced 0.11 percent, when the drug maker Valeant Pharmaceuticals International, Inc. added 0.29 percent to 160.64 Canadian dollars and Extendicare Inc. increased 2.39 percent to 6.42 Canadian dollars.
On the currency front, the Canadian dollar closed at 0.8642 U.S. dollar Friday from 0.8675 U.S. dollar on Thursday.

 

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 slides amid lower oil prices china data Arab Today, arab today canadian stock market slides amid lower oil prices china data

 



Arab Today, arab today
Arab Today, arab today Accessories designer reveals her new collection

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection
Arab Today, arab today Laptop ban sparks ire

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire
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
Arab Today, arab today AT&T, Verizon join Google ad boycott

GMT 10:30 2017 Thursday ,23 March

AT&T, Verizon join Google ad boycott
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemeni official warns education is under threat

GMT 12:03 2017 Tuesday ,14 March

Yemeni official warns education is under threat
Arab Today, arab today Number of unwedded girls amounts to 2.5m

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked
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 Donia Abdel Aziz participates in "Game of Silence"

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"
Arab Today, arab today Mexico threatens to ditch US corn imports

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 07:39 2017 Monday ,20 March

Dalia Mustafa believes in the presence of ghosts

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection

GMT 16:41 2017 Monday ,20 March

Preserving the memory of glaciers

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 13:11 2017 Tuesday ,21 March

Web-based counseling lowers blood pressure

GMT 10:18 2017 Tuesday ,21 March

Kuwait's tourism industry to be worth

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 22:39 2017 Thursday ,09 March

Zuhair Murad presents his new collection "Resorts"
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