Transportation, Retail and Markets Correspondent, Canada
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Apr 22, 2015

Gold mining shares decline, soft financials drag TSX lower

TORONTO, April 22 (Reuters) – Canada’s main stock index
slipped on Wednesday, driven by steep declines among gold miners
and a retreat among heavily-weighted banks.

Modest gains among energy names offset some of the losses
despite volatile trade in crude oil.

Apr 22, 2015

TSX retreats as concern over Greece spurs caution

TORONTO, April 22 (Reuters) – Canada’s main stock index fell
broadly on Wednesday with financial shares leading the retreat
as concern over the Greek debt crisis sparked general investor
caution amid mixed corporate earnings reports.

Six of the index’s 10 most influential declining stocks
were from the heavily weighted financial group, which fell 0.9
percent. Among them, Toronto-Dominion Bank dropped 1.0
percent to C$55.42, and Royal Bank of Canada declined
0.9 percent to C$79.59.

Apr 21, 2015

TSX declines as energy shares dip with oil price

TORONTO, April 21 (Reuters) – Canada’s main stock index
declined on Tuesday as shares of energy producers slipped with
oil prices as worries about increasing U.S. inventories

The price of oil gave back 2 percent, reflecting weakness
after a recent rebound in sentiment.

Apr 21, 2015

TSX slides as resource shares drop, profit-taking hits railways

TORONTO, April 21 (Reuters) – Canada’s main stock index fell
on Tuesday as wary investors shied away from energy stocks as
oil prices dipped and took profits on Canadian railways after
they reported stronger than expected quarterly results.

Shares in the country’s two main railways, Canadian National
Railway Co and Canadian Pacific Railway Ltd,
rose on Monday ahead of their first-quarter earnings reports. On
Tuesday, CN Rail, the most influential mover on the index,
declined 3.1 percent to C$80.75, after climbing nearly 3 percent
the day before. CP Rail fell 0.8 percent to C$235.32 after its
Monday rise.

Apr 20, 2015

TSX rises as oil gains lift energy

TORONTO, April 20 (Reuters) – Canada’s main stock index rose
on Monday as oil price gains helped oil and gas companies offset
weakness in other sectors, while financials, another index
heavyweight, also provided support.

Suncor Energy Inc and Enbridge Inc were
among the most influential movers on the index. Suncor rose 1.0
percent to C$40.52, while Enbridge advanced 1.2 percent to

Apr 16, 2015

TSX slides as resources, bank stocks lead sell off

TORONTO, April 16 (Reuters) – Canada’s main stock index fell
on Thursday as investors took some profit following Wednesday’s
seven-month high gains, with the three sector heavyweights,
energy, resource and financial stocks, leading the sell off.

The most influential movers on the index were Canadian
Natural Resources, which fell 2.92 percent to C$40.775,
and Suncor Energy Inc, which declined 1.2 percent to
C$40.2. Enbridge Inc was down 1.4 percent at C$63.26.

Apr 15, 2015

C$ surges to 3-month high after central bank’s more bullish signal

TORONTO, April 15 (Reuters) – The Canadian dollar powered
higher on Wednesday after the Bank of Canada talked down the
probability of another interest rate cut, with the currency
hitting its strongest level against the greenback since the
bank’s surprise rate cut in January.

Bank Governor Stephen Poloz reiterated his view that the
impact of the oil-price crash on Canada’s oil-heavy economy will
have been most severe in the first part of the year and that the
bank’s 25-basis-point January cut, as well as more robust U.S.
demand, will help non-energy exports and labor markets

Apr 15, 2015

C$ rebounds after Bank of Canada statement

TORONTO, April 15 (Reuters) – The Canadian dollar on
Wednesday powered to its strongest level against the U.S. dollar
in a week after the Bank of Canada held its benchmark interest
rate steady and talked down the probability of another rate cut.

Canada’s central bank estimated that the oil price crash had
cut growth to zero during the first quarter, down from the
annualized 1.5 percent it had forecast in January.

Apr 15, 2015

TSX touches seven-month high on oil-price rise

TORONTO, April 15 (Reuters) – Canada’s main stock index rose
on Wednesday, touching its highest level since September, with
oil and gas shares leading the rally on stronger crude prices.

Among the oil and gas stocks that were most influential in
moving the index, Suncor Energy Inc rose 1.2 percent to
C$40.39, while Cenovus Energy Inc advanced 3.7 percent
to C$23.57. The index’s energy sector climbed 1.6 percent.

Apr 14, 2015

TSX slips modestly in post-rally consolidation

TORONTO, April 14 (Reuters) – Canada’s main stock index fell
broadly on Tuesday as investors took profits on Tuesday after
touching a seventh-month intraday high in the previous session.

The TSX ended a seven-day win streak on Monday, after
touching 15,446.45 at one point during the session, its highest
level since around mid-September.

    • 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, and an online news editor for, and .ca. Life before Reuters included working in China and freelancing in California."
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