Arab Today, arab today canadian stocks lifted by energy financial shares
Last Updated : GMT 14:02:48
Arab Today, arab today
Arab Today, arab today

Canadian stocks lifted by energy, financial shares

Arab Today, arab today

Arab Today, arab today Canadian stocks lifted by energy, financial shares

Toronto - XINHUA

Canadian stocks closed higher Wednesday with gains in energy and financial shares, but concerns remained over losses from the nation's top grocers and the U.S. Federal Reserve's tapering. The Toronto Stock Exchange's benchmark S&P/TSX Composite Index ended up by 44.62 points, or 0.33 percent, to close at 13370.66. The market's main index was dragged down for a lower open earlier Wednesday with the speculation over the Fed's possible decision to scale down the stimulus policy. But the main index rallied in midday trading and closed with little change as energy and financial companies led advancers. The energy sector was up 0.86 percent with Canadian energy giant Suncor Energy Inc. up 2 percent to 37.23 Canadian dollars and its main competitor Canadian Natural Resources Limited up 0.47 percent to 32.28 Canadian dollars a share. Financial stocks were also supportive, up 0.65 percent as Royal Bank of Canada gained 1.69 percent to 71.06 Canadian dollars per share. Bank of Nova Scotia was up 0.7 percent to 64.90 Canadian dollars. The metals and mining sector was a major drag, down almost 2 percent as copper prices fell for a second day. First Quantum Minerals was down 83 Canadian cents to 18.56 Canadian dollars a share. Two of Canada's biggest supermarket groups, Loblaw and Metro, were weighing on the market. Loblaw Co. Ltd, Canada's largest food distributor, reported a 29-percent fall in its quarterly net profit as sales in its retail business dropped. Its shares lost 7.55 percent to 44.23 Canadian dollars a share. Metro shares lost over 5 percent to 62 Canadian dollars apiece after the company posted a lower quarterly profit, hurt by intensifying competition from U.S. retailers Target Corp and Wal-Mart Stores. The Canadian dollar inched 0.35 U.S. cents higher at 0.9567 U.S. dollars.

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 lifted by energy financial shares Arab Today, arab today canadian stocks lifted by energy financial shares

 



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 lifted by energy financial shares Arab Today, arab today canadian stocks lifted by energy financial shares

 



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 Ryanair's O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

Ryanair's O'Leary: Could ground more planes
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 Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
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 All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
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 Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
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 Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

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 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

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