TORONTO, Nov 3 (Reuters) – Toronto’s main stock index was
lower on Wednesday morning, with golds the main drag, but
activity was muted ahead of the U.S. Federal Reserve’s monetary
policy decision later in the session.
Steadier U.S. economic data on Wednesday undercut prices
for safe-haven gold, pulling down Toronto-listed gold miners
such as Kinross Gold (K.TO: Quote, Profile, Research, Stock Buzz), off 1.3 percent at C$17.89, and
Agnico-Eagle (AEM.TO: Quote, Profile, Research, Stock Buzz) down 1.46 percent at C$76.85. Overall,
index’s the materials group was down 0.55 percent.
TORONTO, Oct 28 (Reuters) – Toronto’s main stock index
ended slightly lower on Thursday as strength in gold-mining
issues was not quite enough to offset broad weakness in other
index sectors and a drop in Potash Corp (POT.TO: Quote, Profile, Research, Stock Buzz) shares.
Eight of the index’s 10 main groups were lower, but a 1.3
percent rally in materials, home to gold-mining stocks,
balanced the losses, even a 3.8 percent decline by heavyweight
TORONTO, Oct 28 (Reuters) – RioCan Real Estate Investment
Trust (REI_u.TO: Quote, Profile, Research, Stock Buzz) said on Thursday it has earmarked C$600
million ($588 million) for acquisitions in the coming year and
expects rising competition for Canadian retail space will be
“good for a landlord” and translate into higher rents.
RioCan is estimating about C$150 million in acquisitions
next year in Canada and C$450 million in the United States.
That come on top of expectations it will complete around C$1
billion in acquisitions and investments in 2010 — twice what
it had forecast earlier in the year.
TORONTO, Oct 17 (Reuters) – Rising profits at Canada’s
biggest companies may not be enough to shake the Toronto stock
market free of the vertigo that has accompanied its rapid
recent rise to two-year highs.
Fueled by rallying commodity prices and the prospect that
the U.S. Federal Reserve will put up extra economic stimulus,
the Toronto Stock Exchange’s S&P/TSX composite index last week
hit its highest level since the collapse of Lehman Brothers.
TORONTO, Oct 12 (Reuters) – Toronto’s main stock index rose
to its highest level in more than two years on Tuesday as
fertilizer shares soared and as hopes were renewed that the
U.S. Federal Reserve will take further steps to stimulate the
anemic U.S. recovery.
The Toronto Stock Exchange’s S&P/TSX composite index
.GSPTSE closed up 40.05 points, or 0.32 percent, at 12,575.64
after sitting in negative territory for much of the day. Eight
of the TSX’s 10 main groups ended higher.
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