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Daily-Wrap

Canadian Stocks Closed on Negative Note on Friday

Index Update:On Friday, the Canadian market fell from the previous day's record high in response to Israel's comprehensive attacks on Iran. The benchmark S&P/TSX Composite Index recovered after an early decline, but fell again as the day progressed, closing down 111.40 points, or 0.4%, …

Team Kalkine | 16 June 2025

Canadian Stocks Scaled to New High on Thursday

Index Update:The S&P/TSX Composite Index rose 0.3% to close at 26,616 mark on Thursday, renewing its record high as investors reacted to softer US economic data and rising geopolitical risks.

Team Kalkine | 13 June 2025

Global markets drop amid Middle East tensions and uncertain U.S.-China trade talks:

Index Update:The Canadian benchmark stock market index, S&P/TSX Composite Index opened near yesterday's close and within a couple of hours reached an intraday high of 26,586.76. the index rose to close at 26,524.16, up by 97.85 (or 0.37%). This is a new record high …

Team Kalkine | 12 June 2025

The S&P/TSX Composite Index closed slightly positive on Tuesday

Index Update:The S&P/TSX Composite Index rose 0.2% to close at 26,426 on Tuesday, just shy of last week’s record high, supported by optimism over a potential thaw in US–China trade tensions.

Team Kalkine | 11 June 2025

The S&P/TSX Composite Index closed lower on Monday

Index Update:The S&P/TSX Composite Index fell around 0.2% to close at 26,376 on Monday, giving back ground after last week’s record highs as investors await US–China trade talks in London.

Team Kalkine | 10 June 2025

Canadian stocks moved higher during trading on Friday

Macro Update:US-China Trade Talks Resume in London:Senior officials from the US and China are meeting in London today, signaling a fresh push to ease trade tensions. Rare earth exports, tariff rollback, and issues like Huawei and student visas are expected to be focal points, …

Team Kalkine | 09 June 2025

Canadian stocks moved higher during trading on Thursday

Index Update:The S&P/TSX Composite Index edged up 0.05% to close at 26,342.29on Thursday, amid a balancing act between external trade news and weaker domestic economic data. A phone conversation between President’s Xi Jinping and Donald Trump renewed optimism for reduced US - China tariffs, …

Team Kalkine | 06 June 2025

The S&P/TSX Composite Index closed lower on Wednesday

Index Update:The S&P/TSX Composite Index fell 0.4% to close at 26,329 on Wednesday, pulling back from its record high as investors digested both trade and monetary developments.

Team Kalkine | 05 June 2025

Canadian stocks extended the upward move

Index Update:Canadian stocks recovered from early weakness to end Tuesday's trading modestly higher, extending the upward move seen in the previous session. The benchmark S&P/TSX Composite Index inched up 37.68 points or 0.1 percent 26,426.64, reaching another new record closing high.

Team Kalkine | 04 June 2025

Canadian stocks moved notably higher

Index Update:The benchmark S&P/TSX Composite Index fluctuated early in the day before closing up 213.91 points or 0.8 percent at a new record closing high of 26,388.96.

Team Kalkine | 03 June 2025