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Canadian Stocks Scale New Record Highs

Index Update:Canadian stocks scaled a new peak on Wednesday as investors cheered stronger-than-expected earnings from banking stocks with stellar RBC results in focus.After opening a little higher than yesterday's close, the benchmark S&P/TSX Composite Index moved up to trade firmly positive throughout the session …

Team Kalkine | 28 August 2025

Canadian Stocks Fall Amid Profit-Taking

Index Update:Canadian stocks declined on Monday as investors resorted to profit-taking from last week's record high close.After opening lower than the previous week's record close, the benchmark S&P/TSX Composite Index slid further into negative territory. Touching an intraday low of 28,138.70 within an hour, …

Team Kalkine | 26 August 2025

Canadian stocks climbed to a new record high on Friday

Index Update:Canadian stocks surged on Friday as US Federal Reserve Chair Jerome Powell seemingly hinted at a September rate cut in his speech today at the Jackson Hole Economic Symposium in Wyoming.After opening higher than yesterday's close, the benchmark S&P/TSX Composite Index saw further …

Team Kalkine | 25 August 2025

Canadian stocks climbed to a new record higher on Thursday

Index Update:After opening a little lower than yesterday's close, the benchmark S&P/TSX Composite Index fell to the day’s low, within minutes but quickly bounced back. The carried the upward momentum throughout the session to settle at 28,055.43, up by 176.67 points (or 0.63%). Notably, …

Team Kalkine | 22 August 2025

Canadian stocks showed a modest move back to the upside

Index Update:The benchmark S&P/TSX Composite Index briefly pulled back below the unchanged line after an early advance but bounced back into positive territory as the day progressed. The index closed up 54.88 points or 0.2 percent at 27,878.76.

Team Kalkine | 21 August 2025

Canadian Market Retreats as Investors Stay Guarded

Index Update:The S&P/TSX Composite Index fell 0.35% to below 27,823.88 on Tuesday as investors weighed softer than expected inflation data and new geopolitical developments. The Bank of Canada’s preferred inflation gauge, the CPI Trimmed-Mean, held at 3.0% in July against expectations of 3.1%, tilting …

Team Kalkine | 20 August 2025

Canadian stocks ended the day on a flat note

Index Update:After opening just a little below the previous week's close, the benchmark S&P/TSX Composite Index fell in the early hours but rose to reach an intraday high of 27,921.39 by pre-noon. From there, the index moved down throughout the day but managed to …

Team Kalkine | 19 August 2025

Canadian stocks ended the day roughly flat on Friday

Index Update:Canadian equities closed largely unchanged on Friday, as investors weighed mixed domestic economic data alongside optimism over a potential resolution to the three-year Russia–Ukraine conflict, with the U.S. president set to meet his Russian counterpart in Alaska. After opening a little above yesterday's …

Team Kalkine | 18 August 2025

Canadian Stocks Dip Amid Profit-Taking

Index Update:After opening slightly lower than the previous close, the benchmark S&P/TSX Composite Index stayed in negative territory and finally closed at 27,915.99, down by 77.44 points (or 0.28%).

Team Kalkine | 15 August 2025

Canadian Stocks Rise Amid Fed Rate Cut Hopes

Index Update:After opening just above previous close, the benchmark S&P/TSX Composite Index moved up to reach an intraday high of 28,063.73 within an hour. However, it gave back ground to finally settle at 27,993.43, up by 72.17 points (or 0.26%). This is still a …

Team Kalkine | 14 August 2025