Correspondent, Toronto, Canada
Alastair's Feed
Oct 14, 2015

TSX pushes higher on rise in gold miners, energy stocks

TORONTO, Oct 14 (Reuters) – Canada’s main stock index gained
on Wednesday as rising gold miners and energy companies offset
declines in most other sectors, including the hefty financials

The price of bullion hit its highest since late June
and the U.S. dollar sank as more signs of slowing growth
in the United States and China raised doubts the Federal Reserve
will raise U.S. interest rates later this year.

Oct 13, 2015

TSX falls; resource stocks, railways weigh

TORONTO, Oct 13 (Reuters) – Canada’s main stock index pulled
back on Tuesday, with energy stocks stung by a drop in oil
prices and investor sentiment hurt by weak trade data out of
China that weighed on miners and railway companies.

Chinese imports plunged 20 percent in September, casting
doubt on the strength of domestic demand in the world’s
second-largest economy, while oil fell after the West’s energy
watchdog forecast a global supply glut would last through 2016.

Oct 13, 2015

Al Jazeera journalist Fahmy says betrayed, abandoned by Canada PM

TORONTO, Oct 13 (Reuters) – Mohamed Fahmy, the Al Jazeera
journalist pardoned last month after spending over 400 days in
an Egyptian jail, said on Tuesday that Canadian Prime Minister
Stephen Harper should have worked much harder to secure his

Fahmy’s return to Canada just a week ahead of a
tightly-contested federal election due on Oct. 19 could prove
embarrassing for Harper and his Conservative government, with
the journalist meeting both of Harper’s main opponents to thank
them for their support.

Oct 9, 2015

TSX rally ends as energy stocks slip

TORONTO (Reuters) – A five-day winning streak for Canada’s main stock index ended on Friday, but only just, as energy shares pulled back from a recent rally while mining stocks pushed higher on rising bullion prices.

The Toronto Stock Exchange’s S&P/TSX composite index .GSPTSE fell 14.30 points, or 0.10 percent, at 13,964.36, with advancers and decliners almost evenly split.

Oct 8, 2015

Canada’s Trudeau, tied in polls, open to Bombardier foreign investor

TORONTO, Ontario, Oct 8 (Reuters) – Canadian Liberal Party
leader Justin Trudeau, in a tight race to be the country’s next
prime minister, said on Thursday his party is open to foreign
investment in Bombardier Inc as long as it protects
the country’s interests.

Trudeau’s position contrasted with the opposition New
Democrats, running third in polls, which when asked about
possible Chinese investment in Bombardier said Ottawa should
protect key sectors like aerospace.

Oct 7, 2015

TSX extends rally as energy gains despite oil price slip

TORONTO, Oct 7 (Reuters) – Resource stocks helped extend a
rally in Canada’s main stock index on Wednesday despite a drop
in crude oil prices, while Bombardier Inc tumbled
after the planemaker said CSeries talks with Airbus had ended.

The energy sector rose 3 percent and materials climbed 2.5
percent as investors bid up the beaten-down groups.

Oct 6, 2015

TSX gains on heavyweight resource stocks as oil jumps

TORONTO, Oct 6 (Reuters) – Canada’s main stock index gained
for a third straight session on Tuesday, with heavily weighted
resource stocks and banks carrying most of the gains on the back
of higher commodity prices.

Seven of the Toronto Stock Exchange’s S&P/TSX composite
index’s 10 main sectors slipped, but the index ended
up 95.06 points, or 0.70 percent, at 13,647.26.

Oct 5, 2015

TSX bounces higher on Suncor bid for Canadian Oil Sands

TORONTO, Oct 5 (Reuters) – Canada’s main stock index jumped
on Monday, as shares of Canadian Oil Sands surged 55
percent on a hostile bid by Suncor Energy Inc, its rival
and co-producer in the country’s oil sands industry.

The Alberta oil sands are a leading source of U.S. crude
imports, but slumping oil prices have squeezed producers in a
region whose operating costs are among the world’s highest.

Oct 2, 2015

TSX gains as resources rally; banks weigh

TORONTO, Oct 2 (Reuters) – Resource stocks fueled a rally on
Canada’s main stock index on Friday, as the market shrugged off
weak U.S. jobs data and losses among banks, one of which raised
cash and warned of a writedown.

The gains among miners, oil and gas producers and pipeline
operators outpaced rises among some key commodities as the
latest U.S. non-farm payrolls data fed investor doubts about
whether the U.S. Federal Reserve will raise rates this year.

Oct 1, 2015

TSX slips as resource stocks weigh

TORONTO, Oct 1 (Reuters) – Canada’s main stock index fell on
Thursday, as falling commodity prices weighed on resource stocks
and investors struggled to brush off concerns about slowing
global growth while waiting for the U.S. Federal Reserve to
raise rates.

The Toronto Stock Exchange’s S&P/TSX composite index
had closed off a dismal third quarter with a 2 percent
rise in the previous session, but pared those gains to end
Thursday down 65.07 points, or 0.49 percent, at 13,241.89.

    • About Alastair

      "Canada tech, media and telecoms reporter based in Toronto, with emphasis on Research In Motion and including coverage of Rogers, Bell Canada, Telus, the new mobile entrants and the tech companies filling in the gaps. Previously spent two years in Cairo bureau chasing Orascom Telecom's Naguib Sawiris. Prior to that, spent a year learning the ropes in London."
      Joined Reuters:
      English, Arabic
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