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Daily-Wrap

The TSX ended the day's session on a slightly positive note

Index Update:Canadian stocks tumbled Tuesday morning, hurt by hot inflation data and escalating geopolitical tensions, but recovered gradually to eventually end the day's session on a slightly positive note. The benchmark S&P/TSX Composite Index, which dropped nearly 200 points to 24,787.79 in early trades, …

Team Kalkine | 20 November 2024

The Canadian market closed on a firm note on Monday

Macro Update:On the economic front, data from Canada Mortgage & Housing Corporation showed housing starts in Canada increased by 7.8% month-over-month to 240,761 units in October, the highest level in three months.

Team Kalkine | 19 November 2024

The Canadian market ended notably lower on Friday

Macro Update:Data from Statistics Canada showed manufacturing sales in Canada decreased 0.5% month-over-month in September, less than initial estimates of a 0.8% drop and following a 1.3% fall in August.

Team Kalkine | 18 November 2024

The Canadian market settled higher on Thursday

Index Update:The Canadian market settled higher on Thursday with the benchmark S&P/TSX Composite Index moving on to a new record high. The benchmark S&P/TSX Composite Index, which climbed to a new all-time high of 25,137.70, settled with a gain of 60.65 points or 0.24% …

Team Kalkine | 15 November 2024

The Canadian market posted a new record closing high

Index Update:The benchmark S&P/TSX Composite Index closed up 66.01 points or 0.26% at 24,989.02. The index touched a low of 24,860.56 and a high of 25,002.96 in the session.

Team Kalkine | 14 November 2024

The Canadian market closed on a firm note

Index Update:The market ended higher despite weak commodity prices triggering some heavy selling in energy and materials sectors. The benchmark S&P/TSX Composite Index, which rose to a new all-time high of 25,024.93, ended the session with a gain of 133.73 points or 0.54% at …

Team Kalkine | 13 November 2024

TSX Ends Marginally Up

Index Update:The benchmark S&P/TSX Composite Index closed up 29.88 points or 0.12% at 24,789.28, well off the day's high of 24,901.51, but still recorded a new closing high.

Team Kalkine | 12 November 2024

The Canadian market ended lower on Fridayc

Index Update:The Canadian market ended lower on Friday as energy and materials stocks fell on weak commodity prices as the U.S. dollar climbed higher. The benchmark S&P/TSX Composite Index closed down 86.53 points or 0.35% at 24,759.40. The index, which touched a low of …

Team Kalkine | 11 November 2024

The Canadian market closed on a positive note on Thursday as Fed Lowers Rates

Index Update:Canadian stocks moved mostly higher during trading on Thursday, extending the upward move seen over the two previous sessions. The benchmark S&P/TSX Composite Index advanced early in the session and saw further upside in the latter part of the session. The index ended …

Team Kalkine | 08 November 2024

The Canadian market closed on a buoyant note on Wednesday

Index Update:The benchmark S&P/TSX Composite Index closed with a gain of 249.55 points or 1.02% at 24,637.45, just a few points off the day's high.

Team Kalkine | 07 November 2024