Arab Today, arab today canadian stocks decline economic momentum
Last Updated : GMT 22:53:47
Arab Today, arab today
Arab Today, arab today

Canadian stocks decline economic momentum

Arab Today, arab today

Arab Today, arab today Canadian stocks decline economic momentum

Toronto - Xinhua

The Canadian stock market closed lower on Tuesday amid worries that economic momentum is faltering in the United States and China. The S&P/TSX Composite Index tumbled 83.21 points, or 0.69%, at 11,935.06 after four straight trading days of losses while the S&P/TSX Venture Composite Index was off 17.55 points, or 1.21%, at 1,431.10. Slower growth in China was in focus on Canadian market on Tuesday after the world\'s second-biggest economy returned to a trade surplus in March but growth in exports and imports was weak. China\'s exports rose 8.9% over a year earlier to 165.6 billion U.S. dollars, while imports grew 5.3% to 160.3 billion U.S. dollars. Double-digit economic growth in China has been key to lifting the global economy from the sharp economic slowdown that followed the 2008 financial crisis. And strong demand for commodities has lifted prices for energy and metals and mining stocks on the resource-heavy Canadian stock market.Canadian stock market also finished in the red on Tuesday as traders reacted to Friday\'s release of U.S. jobs data showing the United States created only 120,000 jobs last month, far less than the approximately 200,000 that economists expected. Economic worries have driven the Canadian stock market lower for the past five weeks. The energy sector suffered as oil prices fell below 101 U.S. dollars a barrel Tuesday as weaker economic growth raised the prospect that crude oil demand will remain tepid. Suncor Energy lost more than 2% to well below 30 Canadian dollars per share. Canadian Natural Resources Ltd. shares dropped 1.2% to 31.29 Canadian dollars.Telecom and industrial stocks were both among major decliners with Canadian National Railways dropped 55 Canadian cents to 77.16 Canadian dollars. The base metals and mining sector benefitted, even though copper prices were down at 3.66 U.S. dollars a pound after falling almost 5% over the past week. Teck Resources Ltd. shares gained 1% to 34.80 Canadian dollars. The financial sector struggled as most shares traded lower. Shares of Toronto-Dominion Bank dropped 0.6% to 82.76 Canadian dollars. Manulife Financial Corp. fell 2.9% to 12. 36 Canadian dollars. On the currency front, the Canadian dollar lost 0.07 of a U.S. cent to 100.42 U.S. cents as demand concerns pushed oil prices lower for a second day. One U.S. dollar was buying 0.9958 Canadian dollars at 5 p.m. local time (2200 GMT) on Tuesday, compared with one U.S. dollar purchasing 0.9965 Canadian dollars on Monday.

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 stocks decline economic momentum Arab Today, arab today canadian stocks decline economic momentum

 



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 stocks decline economic momentum Arab Today, arab today canadian stocks decline economic momentum

 



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 Sheraton Grand Hotel reveals its deals

GMT 12:20 2017 Monday ,25 September

Sheraton Grand Hotel reveals its deals
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 Iraq Kurds in historic independence vote

GMT 15:20 2017 Monday ,25 September

Iraq Kurds in historic independence vote
Arab Today, arab today North Korea 'more opaque'

GMT 10:50 2017 Sunday ,24 September

North Korea 'more opaque'
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 'Lady Beast' fights for girl gamers

GMT 10:27 2017 Sunday ,24 September

'Lady Beast' fights for girl gamers
Arab Today, arab today Conditions growing dire    

GMT 09:22 2017 Monday ,25 September

Conditions growing dire    
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 Chevrolet's first 9-speed auto debuts

GMT 18:58 2017 Monday ,25 September

Chevrolet's first 9-speed auto debuts
Arab Today, arab today Third generation adds more power

GMT 13:40 2017 Sunday ,24 September

Third generation adds more power
Arab Today, arab today Lebleba is preoccupied in filming 'Back Street'

GMT 08:56 2017 Thursday ,21 September

Lebleba is preoccupied in filming 'Back Street'
Arab Today, arab today Psychologists help Mexico deal

GMT 05:05 2017 Sunday ,24 September

Psychologists help Mexico deal

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 20:10 2017 Saturday ,23 September

Big Western brands polluting oceans

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 12:02 2017 Sunday ,24 September

Harry visits mental health hospital

GMT 11:11 2017 Sunday ,24 September

The dark side of new tourism hope

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

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