Arab Today, arab today canadian stocks little changed as resources fall back
Last Updated : GMT 21:20:14
Arab Today, arab today
Arab Today, arab today

Canadian stocks little changed as resources fall back

Arab Today, arab today

Arab Today, arab today Canadian stocks little changed as resources fall back

Toronto Stock Exchange
Toronto - XINHUA

Canada's main stock market in Toronto ended flat on Thursday, as gains in the financial sector were offset by losses among gold and raw materials producers.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index shed 3.06 points, or 0.02 percent, to close at 13,668.29 points. Six of the TSX index's eight main sub-sectors were fractionally higher.

Oil prices retreated Thursday ahead of a meeting among key crude producers this weekend. The West Texas Intermediate for May delivery moved down 26 cents to settle at 41.5 U.S. dollars a barrel, while Brent crude for June delivery decreased 34 cents to close at 43.84 dollars a barrel.

Canadian aerospace manufacturer Bombardier touched its highest point level since Nov. 6, up 6.99 percent at 1.53 Canadian dollars (1.19 U.S. dollars), on speculation of a potential Delta Air Lines Inc. order for its CSeries planes. Delta's CEO said it has not made a decision.

Among the most prominent players on the TSX index included fertilizer producers Agrium Inc, which fell 5.28 percent to 107.02 Canadian dollars, and Potash Corporation of Saskatchewan Inc., down 2.43 percent to 20.86 Canadian dollars after several analysts downgraded their views on the stocks.

Pacific Exploration & Production Corp. said its board had agreed to negotiate a financial restructuring involving the Catalyst Capital Group Inc. and the company's creditors. Pacific shares dipped three cents, or 3.95 percent, to 0.73 Canadian dollar.

Canada's largest diversified resources company Teck Resources said water containing metals had spilled at its Trail smelting and refining plant in British Columbia on Wednesday, with some discharge possibly flowing into a nearby creek. Teck shares gained 2 cents to 10.95 Canadian dollars.

Investment banking and financial services company Canaccord Genuity raised the price target on Corus Entertainment to 11.00 Canadian dollars from 10.00 Canadian dollars. Corus shares lost 2 cents to 11.95 Canadian dollars.

Shaw Communications Inc., one of the leading pure-play connectivity providers in Canada, declined 3.17 percent to 23.54 Canadian dollars a share after reporting quarterly earnings.

On the economic slate, Statistics Canada reported its new housing price index rose 0.2 percent in February, following a 0.1 percent increase in January. The advance was led by higher new home prices in Ontario and British Columbia.

Meanwhile a new report said the cost of renting a condo in Greater Toronto Area climbed almost 7 percent in the first quarter of this year.

Toronto-based real estate consulting firm Urbanation attributes the increase partially to the fact that many would-be buyers are getting priced out of the home ownership market, pushing demand for rental units higher.

It is believed that strong economic fundamentals such as employment and population growth also contributed to higher rents.

After purpose-built construction starts increased to a 25-year high in 2015, applications for new rental developments surged by 40 percent in the first three months of the year, Urbanation said.

The Canadian dollar traded lower at 0.7783 U.S. dollar, compared with Wednesday's closing rate of 0.7803 U.S. dollar.

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 little changed as resources fall back Arab Today, arab today canadian stocks little changed as resources fall back

 



Arab Today, arab today
Arab Today, arab today Prepares to present her new collection

GMT 14:29 2017 Monday ,20 February

Prepares to present her new collection
Arab Today, arab today Tourism shows signs of recovery

GMT 09:59 2017 Monday ,20 February

Tourism shows signs of recovery
Arab Today, arab today Sarah Belamesh designs antiques of "ceramic"

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"
Arab Today, arab today Optimism on the front line

GMT 07:24 2017 Monday ,20 February

Optimism on the front line
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic

GMT 13:43 2017 Sunday ,19 February

Local institutional buying lifts Oman shares higher

GMT 15:33 2017 Saturday ,18 February

Lock-up shares worth 39 bln yuan eligible for trade

GMT 09:49 2017 Saturday ,18 February

Qatar Stock Exchange Index Gains 190.17 Points This Week

GMT 09:15 2017 Friday ,17 February

Asia stocks retreat after week-long Trump rally

GMT 08:14 2017 Friday ,17 February

Bahrain Bourse daily trading report

GMT 21:28 2017 Thursday ,16 February

US Stocks End High on Tuesday

GMT 21:18 2017 Thursday ,16 February

Chinese Yuan Strengthens to 6.8632 Against USD Wednesday
View News in Arabic - Business: أسواق مالية
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Nissan enhances sales in most markets

GMT 14:08 2017 Monday ,20 February

Nissan enhances sales in most markets
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Egypt to hold first session of Arab film festival

GMT 21:11 2017 Saturday ,18 February

Egypt to hold first session of Arab film festival
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 23:29 2017 Thursday ,16 February

Home built on sand castles-style costs $8m

GMT 21:49 2017 Thursday ,16 February

Scientists develop new therapy

GMT 19:16 2017 Friday ,17 February

Aziz House ready to host the tourists

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 12:39 2017 Monday ,20 February

newest smartphone another winner for Huawei

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome
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