Arab Today, arab today canadian stocks rebound on strong economic data
Last Updated : GMT 17:22:12
Arab Today, arab today
Arab Today, arab today

Canadian stocks rebound on strong economic data

Arab Today, arab today

Arab Today, arab today Canadian stocks rebound on strong economic data

Canadian stocks
Toronto - XINHUA

Canada's main stock market Friday rebounded following two-day losses as the strong economic data indicated a better-than-expected growth of the economy.
Toronto Stock Exchange's benchmark S&P/TSX Composite Index advanced 67.56 points or 0.43 percent to 15,625.73 points, setting a new record close ever since 2008. S&P/TSX Venture Composite Index closed at 1,023.99 points, with a 1.83-percent gain during the week.
The market sentiment was boosted as Canada's quarterly economic growth hit a nearly three-year high, which was driven up mainly by an increasing export. Statistics Canada said Friday that real Gross domestic product (GDP) rose 0.8 percent in the second quarter, the largest quarterly gain since the third quarter of 2011.
Meanwhile, Canada registered a 1.6 billion Canadian dollars ( about 1.5 billion U.S. dollars) budget surplus in June, compared to a surplus of 0.2 billion Canadian in the same period of 2013, according to the Finance Department of Canada on Friday.
Most of the eight major sectors drifted higher with the energy sector leading the increase by 1.07 percent.
Cenovus Energy Inc., a Calgary-based Canadian oil and gas company, rose 1.85 percent to 34.68 Canadian dollars, and anther energy giant Encana Corp. also rallied 0.97 percent to 25.07 Canadian dollars per share.
The mining sector rebounded 0.3 percent after a more-than-2- percent slump on Thursday, as its sub-sector gold group strengthened with S&P/TSX Global Gold Index up 1.5 percent. Most gold miners advanced, with the world's biggest gold miner Barrick gaining 1.22 percent to 19.99 Canadian dollars apiece.
In other sectors, Financials, the most heavily weighed sector, logged an increase of 0.26 percent. However, Utilities and Info Tech lost 0.49 percent and 0.24 percent respectively.
On the currency front, Friday did not witness a rise for the Canadian dollar over the strong GDP data, although it gained some momentum from the purchase by American fast-food giant Burger King of Canadian coffee and doughnut chain Tim Hortons at the beginning of this week.
The Canadian dollar closed lower at 0.9197 U.S. dollar on Friday, compared with 0.9219 U.S. dollar one day earlier.

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 rebound on strong economic data Arab Today, arab today canadian stocks rebound on strong economic data

 



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 rebound on strong economic data Arab Today, arab today canadian stocks rebound on strong economic data

 



Arab Today, arab today
Arab Today, arab today Arab tradition glitters in Colombia

GMT 12:59 2017 Thursday ,19 October

Arab tradition glitters in Colombia
Arab Today, arab today Second US judge orders freeze

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze
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 Silent Republicans have their reasons

GMT 16:55 2017 Thursday ,19 October

Silent Republicans have their reasons
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple
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 says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Hussein Fahmy happy for honoring in festival

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival
Arab Today, arab today Three killed, 360,000 without power

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 18:29 2017 Sunday ,03 September

Designer produced new set of ornaments

GMT 18:49 2017 Monday ,16 October

India to close colonial-era military farms

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 03:59 2017 Sunday ,15 October

US mobile carriers Sprint, T-Mobile to merge

GMT 19:29 2017 Tuesday ,29 August

Yomna: decoration leaved positive effects
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