Canada's main stock index rose on Friday, aided by gains in technology and healthcare shares, while cybersecurity company Blackberry rose on the back of upbeat corporate earnings. At 9:53 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 224.83 points, or 1.2%, at 18,941.95, a day after it slipped to its lowest level in 15 months.
Canada's main stock index opened higher on Friday, as energy shares gained on the back of stronger crude prices, but the index was set for its third straight week of decline on concerns over rising risks of a global economic downturn. At 9:32 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 118.75 points, or 0.63%, at 18,835.87.
* TSX ends down 286.92 points, or 1.5%, at 18,717.12. * Posts its lowest closing level since March 2021. * Energy tumbles 6.9%; oil settles 1.8% lower. * Materials sector loses 5% By Fergal Smith. Canada's main stock index fell on Thursday to its lowest level in 15 months as rising worries of an economic slowdown weighed heavily on cyclical sectors, such as energy and materials.
The Canadian dollar weakened
against its U.S. counterpart on Thursday as investors weighed
the risk of a global economic slowdown and preliminary domestic
data showed factory sales falling in May.
Canada plans to hold 14 nominal bond auctions and one real return bond auction in the coming quarter, the Bank of Canada said on Thursday. The nominal bond auctions will include four 2-year auctions, two 3-year auctions, two 5-year auctions, four 10-year auctions and two 30-year auctions, the central bank said.
* BANK OF CANADA TO AUCTION C$2 BILLION OF 1.750% BONDS DUE 2053 ON JUNE 29. * BANK OF CANADA TO AUCTION C$4 BILLION OF 2.750% BONDS DUE 2024 ON JUNE 30 Source text for Eikon: https://www.bankofcanada.ca/markets/government-securities-auctions/calls-for-tenders-and-results/nominal-bonds/
* CANADA AUCTION OF C$4 BILLION 2032 BOND YIELDS AVERAGE 3.259% * CANADA 2% 2032 BOND AUCTION YIELDS LOW 3.253%, HIGH 3.268% Source text for Eikon: https://www.bankofcanada.ca/markets/government-securities-auctions/calls-for-tenders-and-results/nominal-bonds/
Canada's main stock index inched higher on Thursday, aided by gains in Bombardier, although advances were limited by weakness in miners and on concerns over a global recession due to aggressive interest rate hikes.
The Canadian dollar edged lower
against its U.S. counterpart on Thursday as investors weighed
the risk of a global economic slowdown and preliminary domestic
data showed factory sales falling in May.
Canada's main stock index opened higher on Thursday, as a retreat in U.S. bond yields lifted technology stocks and a rebound in crude prices supported energy shares. At 9:32 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 37.28 points, or 0.2%, at 19,041.32.
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