Jennifer's Feed
Mar 13, 2012

TSX ticks higher on German, U.S. data

TORONTO, March 13 (Reuters) – Toronto’s main stock
index edged slightly higher on Tuesday morning, tracking
firmness in global markets after German and U.S. data soothed
concerns about the health of the global economy.

Investor sentiment about the economic outlook in Europe was
bolstered after euro-zone finance ministers gave final approval
to a second bailout for Greece and data in Germany showed
analyst and investor sentiment rose significantly more than
expected in March.

Mar 12, 2012

TSX drops on worries about China demand

TORONTO, March 12 (Reuters) – Toronto’s main stock
index fell for the first time in four sessions on Monday as weak
Chinese data fueled growth worries weighing on oil and metals
prices and pressuring the resource-heavy market’s key mining and
energy sectors.

Leading names on the downside included oil companies
Canadian Natural Resources, down 3.1 percent at
C$34.40, and Suncor Energy, which fell 3.1 percent to
C$33.19.

Mar 12, 2012

TSX drops on weak resources as China weighs

TORONTO, March 12 (Reuters) – Toronto’s resource-heavy
main stock index fell on Monday morning as Chinese economic data
weighed on oil and metals prices, pressuring the market’s key
mining and energy sectors.

Leading names on the downside included oil companies
Canadian Natural Resources, down 2.1 percent at
C$34.77, and Suncor Energy, which fell 1.4 percent to
C$33.75. Barrick Gold shed 0.8 percent at C$45.09,
while Teck Resources fell 1.6 percent to C$35.96

Mar 9, 2012

TSX rises for 3rd straight day on U.S. data, Viterra

TORONTO, March 9 (Reuters) – Toronto’s main stock
index edged higher for a third day in a row on Friday, lifted by
bullish U.S. employment data and takeover speculation at grain
handler Viterra.

Viterra led the broader index higher and finished the day up
23.7 percent at C$13.58. The Regina, Saskatchewan-based company,
Canada’s biggest grain handler, said it had received expressions
of interest from unnamed third parties on a possible takeover.

Mar 9, 2012

TSX firms on US jobs, but gold limits gain

TORONTO, March 9 (Reuters) – Toronto’s main stock
index was slightly higher on Friday morning but gains made on
bullish U.S. employment data were limited by weakness in gold
miners as bullion prices dropped.

Figures showed the U.S. economy added 227,000 jobs last
month, while the unemployment rate held at a three-year low of
8.3 percent. That helped push global equity
markets and the U.S. dollar higher, but weighed on safe-haven
gold.

Mar 8, 2012

TSX gets boost as Greece hope lifts resources

TORONTO, March 8 (Reuters) – Toronto’s main stock
index rose on Thursday morning as commodity prices climbed on
optimism that Greece would complete a critical private bond swap
deal so that it can avoid a messy debt default.

Hope that Greece would get the deal done lifted prices for
oil, copper, gold and other commodities along with
commodity-linked currencies such as the Canadian dollar.

Mar 7, 2012

US jobs data helps TSX rise after 3-day loss

TORONTO, March 7 (Reuters) – Canada’s main stock index
rose on Wednesday, ending a three-day streak of declines, on
upbeat U.S. private-sector jobs data and hopes that Greece’s
debt restructuring will go through.

Big-name leaders included oil companies Suncor Energy
, up 1.2 percent at C$33.72, and Cenovus, up 2.2
percent at C$36.64, both of which rose with the price of oil.

Mar 7, 2012

US jobs data helps TSX shake off Tuesday’s rout

TORONTO, March 7 (Reuters) – Canada’s main stock was
higher at midday on Wednesday after starting the day off on a
weak footing, boosted by data that showed the U.S. private
sector added more jobs than expected last month.

Big-name leaders included oil companies Suncor Energy
, up 1.8 percent at C$33.92, and Cenovus, up 1.1
percent at C$36.24, both of which rose with the price of oil
after the U.S. data and after China said it would boost energy
imports this year.

Mar 6, 2012

TSX skids to near 7-week low on growth fears

TORONTO, March 6 (Reuters) – Toronto’s main stock
index skidded to its lowest level in nearly seven weeks on
Tuesday, rattled by fears that the global growth outlook is
darkening and Greece may not be able to complete a major debt
restructuring deal.

The resource-heavy index joined global markets in a sharp
retreat on concerns about the outlook for the global economy.
The European Union said on Tuesday a collapse in household
spending, exports and manufacturing deflated the euro zone’s
economy in the final months of 2011.

Mar 6, 2012

TSX tumbles to near 7-week low on growth fears

TORONTO, March 6 (Reuters) – Toronto’s main stock
index skidded to near a seven-week low on Tuesday on fears the
global growth outlook is darkening and Greece may not be able to
complete a major debt restructuring deal.

The resource-heavy index joined global markets in a sharp
retreat on the lingering impact of gloomy euro-zone economic
data on Monday and of China’s move to lower its economic growth
forecasts.

    • About Jennifer

      "Jennifer Kwan is a Toronto-based reporter on the market news and treasury team, and covers a broad mix of stories related to trading, exchanges and regulation. Previously worked as an editor for the company's online newsroom. Before joining Reuters, she worked at the Canadian Press, as well as the Toronto Star and Yukon News newspapers."
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