Transportation, Retail and Markets Correspondent, Canada
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May 25, 2015

TSX steady as broad gains offset by drop in energy shares

TORONTO, May 25 (Reuters) – Canada’s main stock index was
steady on Monday with losses in oil and gas shares offsetting
moderate gains in the heavily weighted financials group and most
other sectors, but trade was quiet due to the U.S. Memorial Day
holiday.

Investors were looking ahead to Canadian bank quarterly
earnings later this week, trying to assess the impact of a
lackluster economy and low energy prices on the sector.

May 22, 2015

TSX eases after recent rally as energy, financials drag

TORONTO, May 22 (Reuters) – Canada’s main stock index
retreated on Friday, weighed down by cooling energy and
financial stocks, with investors taking some profits after
making gains in four of the previous five sessions.

The top 10 biggest drags on the TSX were either in energy or
financials. Enbridge Inc was the most influential loser
on the index, falling 0.94 percent to C$62.08. Bank of Nova
Scotia followed with a 0.6 percent loss to C$64.60.

May 21, 2015

TSX rallies as oil prices boost energy; Shopify surges

TORONTO, May 21 (Reuters) – Canada’s main stock index
rebounded on Thursday as financial and energy stocks, bolstered
by a rally in oil prices, pushed the TSX to its best performance
in more than a week.

Valeant Pharmaceuticals International was by far
the most influential individual gainer on the index, rising 2.4
percent to C$285.23. The company is in talks to buy Egyptian
drugmaker Amoun Pharmaceutical Co, according to a Bloomberg
report on Wednesday.

May 21, 2015

Energy stocks lead TSX rally; Shopify surges

TORONTO, May 21 (Reuters) – Canada’s main stock index
rebounded on Thursday, lifted in part by a general upbeat tone
among investors and higher crude prices that bolstered energy
stocks for the third straight session.

Valeant Pharmaceuticals International was by far
the most influential individual gainer on the index, rising 2
percent to C$284.20. The company is in talks to buy Egyptian
drugmaker Amoun Pharmaceutical Co, according to a Bloomberg
report on Wednesday.

May 20, 2015

TSX rises for fourth day as energy lifts; Fed in focus

TORONTO, May 20 (Reuters) – Canada’s main stock index rose
broadly for the fourth straight day on Wednesday, with nearly
every sector making gains and energy companies getting a boost
from rebounding commodity prices.

Investors were also awaiting the minutes from the Federal
Reserve’s April meeting for clues on when the U.S. central bank
will likely resume hiking interest rates.

May 19, 2015

TSX lifted by financials, record U.S. stocks

TORONTO, May 19 (Reuters) – Canada’s main stock index
climbed for the third straight session on Tuesday, as financial
stocks helped lead the market higher and investor optimism got a
boost from U.S. stocks closing at record highs on Monday.

Valeant Pharmaceuticals International Inc, a
perennial index heavyweight, lead with a 2.7 percent rise to
C$277.24. The overall healthcare group jumped 2.1 percent.

May 15, 2015

TSX steady as energy, financials offset wider gains

TORONTO, May 15 (Reuters) – Canada’s main stock index was
little changed on Friday as losses in the financial and energy
sectors offset gains across an otherwise positive market.

Energy stocks were hit by slumping crude prices, which fell
on reports that an increasing oversupply of oil was boosting
global inventories.

May 14, 2015

TSX rebounds, gold rally provides lift

TORONTO, May 14 (Reuters) – Canada’s main stock index rose
on Thursday as resource stocks, buoyed by a gold rally, helped
the market rebound from recent losses.

The most influential movers on the index were Goldcorp Inc
, which rose 2.84 percent to C$23.90, and Barrick Gold
Corp, which advanced 1.5 percent to C$16.07.

May 13, 2015

TSX falls for third straight day, but golds rise

TORONTO, May 13 (Reuters) – Canada’s main stock index fell
for a third straight session on Wednesday, reversing early
gains, as U.S. economic data disappointed the market, while
rising gold miners limited the loss.

Canadian National Railway Co was the index’s
biggest heavyweight decliner. The country’s biggest railway fell
2.04 percent to C$74.97. Canadian Pacific Railway Ltd
was not far behind, falling 2.1 percent to C$214.94. The
railways are in the index’s industrials group, which retreated
0.9 percent.

May 12, 2015

TSX sags on global jitters; all 10 sectors retreat

TORONTO, May 12 (Reuters) – Canada’s main stock index fell
sharply on Tuesday, tracking global equities, as volatility in
the bond markets and other worries had investors rattled
worldwide.

Government bonds sold off again, with benchmark 10-year U.S.
Treasuries yields at their highest since
mid-November and German 10-year yields rising even
more.

    • About Solarina

      "I am a Canadian transportation, retail and markets correspondent. I occasionally moonlight in entertainment and lifestyle news. I was formerly a homepage editor for Reuters.com, and an online news editor for Reuters.com, .co.uk and .ca. Life before Reuters included working in China and freelancing in California."
      Joined Reuters:
      2003
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