Correspondent, Toronto, Canada
Alastair's Feed
Jul 7, 2015

TSX ends up in volatile trade; energy and utilities jump

TORONTO, July 7 (Reuters) – Canada’s main stock index erased
a sharp fall to end in positive territory on Tuesday, with
energy stocks rebounding with oil prices and utilities gaining
on bets the Bank of Canada could cut rates next week to
stimulate a struggling economy.

The Toronto Stock Exchange’s S&P/TSX composite index
ended up 30.93 points, or 0.21 percent, at 14,624.50.

Jul 6, 2015

TSX retreats on oil slide, Greece uncertainty

TORONTO, July 6 (Reuters) – Canada’s main stock index
slipped on Monday after Greek voters rejected debt bailout
terms, endangering the country’s future in the euro zone and
pummeling oil prices.

Still, while global markets stumbled on the news, the drama
received a muted reaction from Canadian investors.

Jun 30, 2015

TSX higher as energy shares gain; down 3 pct in June

TORONTO, June 30 (Reuters) – Canada’s main stock index
regained some ground on Tuesday after Monday’s precipitous drop,
with energy shares leading broad gains as crude bounced off
three-week lows.

The oscillations could extend through the week amid low
volumes ahead of a Greek referendum on the terms of a bailout
package on Sunday, with Canadian markets closed on Wednesday and
U.S. markets shut on Friday.

Jun 30, 2015

TSX bounces higher as banks, energy shares gain

TORONTO, June 30 (Reuters) – Canada’s main stock index
regained some ground on Tuesday after Monday’s precipitous drop,
with banks rebounding and rising oil prices helping energy
stocks.

The Toronto Stock Exchange’s S&P/TSX composite index
was up 48.27 points, or 0.33 percent, at 14,538.42 at
midmorning. It fell more than 2 percent on Monday.

Jun 29, 2015

TSX erases 2015 gains on Greek crisis

TORONTO, June 29 (Reuters) – Canada’s main stock index fell
more than 2 percent on Monday, wiping out its 2015 gains with
banks leading a near-unanimous retreat as debt-wracked Greece
said it will miss a 1.6 billion euro loan payment and investors
worried it could leave the euro.

All but eight stocks on the Toronto Stock Exchange’s S&P/TSX
composite index fell, and each of the 10 main sectors
lost at least 1 percent in the sharpest selloff since January 5.

Jun 29, 2015

TSX dives as Greece crisis spurs bank selloff

TORONTO, June 29 (Reuters) – Canada’s main stock index fell
more than 1.5 percent on Monday as investors fretted about the
impact if Greece exits the euro, with banks taking the brunt of
the losses and gold miners listed among the few gainers.

A breakdown in talks between Greece and its creditors has
pushed the country closer to default on its loans and possibly
out of the currency bloc.

Jun 26, 2015

TSX broadly retreats, but ends week up 1.1 pct

TORONTO, June 26 (Reuters) – Canada’s main stock index
slipped on Friday in a broad retreat led by utilities and
resource stocks, although the index still managed a 1.1 percent
gain in a week dominated by the ongoing Greek debt drama.

The Toronto Stock Exchange’s S&P/TSX composite index
lost 89.41 points, or 0.60 percent, to 14,854.21,
adding to Thursday’s decline after a three-day bounce.

Jun 25, 2015

TSX breaks 3-day winning streak as energy weighs

TORONTO, June 25 (Reuters) – Canada’s main stock index
finished lower on Thursday, pulled down by a hefty retreat in
energy names that snapped a three-session rally.

The Toronto Stock Exchange’s S&P/TSX composite index
ended down 50.01 points, or 0.33 percent, at 14,897.5.

Jun 25, 2015

Shaw Communications loses customers, profit falls 8 pct in 3td qtr

TORONTO, June 25 (Reuters) – Canadian cable television
provider Shaw Communications Inc reported an 8 percent
fall in third-quarter profit on Thursday and said it would
likely reach the lower end of its full-year operating income
target.

Calgary-based Shaw, which competes with Telus Corp
for customers in Canada’s West, said it lost more than 27,000
television subscribers across cable and satellite and almost
21,000 landline telephone accounts. It added around 7,200 new
Internet customers.

Jun 24, 2015

TSX hits 2-1/2-week high as energy leads

TORONTO, June 24 (Reuters) – Canada’s main stock index rose
for a third straight day on Wednesday, hitting a 2-1/2-week high
as energy stocks shrugged off a fall in crude prices and
investors held on to hopes for a satisfactory resolution to the
Greek debt talks.

The gains bucked broader global trends as creditors demanded
more from Greece’s left-wing government.

    • 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:
      2007
      Languages:
      English, Arabic
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