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Daily-Wrap

The Canadian market closed higher on Tuesday

Index Update:The Canadian market closed higher on Tuesday, riding on strong gains in utilities, consumer staples and healthcare sectors. The benchmark S&P/TSX Composite Index closed up 131.84 points or 0.54% at 24,387.90, near the day's high of 24,393.82.

Team Kalkine | 06 November 2024

The Canadian market ended the day's session on a flat note

Macro Update:The Fed is widely expected to lower interest rates by another 25 basis points, but traders will be looking to the accompanying statement for clues about the likelihood of future rate cuts.

Team Kalkine | 05 November 2024

The Canadian market ended with a modest gain on Friday

Index Update:The benchmark S&P/TSX Composite Index climbed to 24,365.11 by late morning, but pared a substantial portion of its gains as the day progressed and eventually closed up 98.29 points or 0.41% at 24,255.16. The index recorded a weekly loss of 0.85%.

Team Kalkine | 04 November 2024

The Canadian market ended sharply lower

Index Update:The benchmark S&P/TSX Composite Index ended down 350.92 points or 1.43% at 24,156.87. The index tumbled to a low of 24,098.49, a three-week low, in the session.

Team Kalkine | 01 November 2024

TSX Ended Session Modestly Lower

Index Update:The Canadian market ended weak on Wednesday, weighed down by losses in materials and technology sectors. The benchmark S&P/TSX Composite Index ended down 54.76 points or 0.22% at 24,507.79 after scaling a low of 24,428.10 and a high of 24,571.26 intraday.

Team Kalkine | 31 October 2024

TSX ended session in negative territory

Index Update:the Canadian market retreated Tuesday morning and spent the rest of the day's session in negative territory as investors digested quarterly earnings updates from Canadian and U.S. companies and awaited some crucial economic data for directional cues. The benchmark S&P/TSX Composite Index ended …

Team Kalkine | 30 October 2024

TSX Snaps 5-day Losing Streak

Index Update:After five successive days of losses, the Canadian market closed on a firm note on Monday. The benchmark S&P/TSX Composite Index ended up by 101.99 points or 0.42% at 24,565.66. The index touched a low of 24,406.42 and a high of 24,598.96.

Team Kalkine | 29 October 2024

The Canadian market ended on a weak note on Friday

Index Update:The TSX Composite extending losses to a fifth straight session, on concerns about the outlook for economic growth, and on uncertainty about the outcome of the upcoming U.S. presidential election.The benchmark S&P/TSX Composite Index ended the day's session with a loss of 87.88 …

Team Kalkine | 28 October 2024

The Canadian market ended marginally down

Index Update:The benchmark S&P/TSX Composite Index, which edged up slightly at the start to 24,590.52, fell to 24,372.34 around noon, but recovered gradually to settle at 24,551.55, with a loss of 22.07 points or 0.09%.

Team Kalkine | 25 October 2024

The Canadian market ended weak on Wednesday

Index Update:The benchmark S&P/TSX Composite Index ended down 143.08 points or 0.58% at 24,573.62, about 20 points off the day's low of 24,453.40. The index remained in negative territory right through the day's session.

Team Kalkine | 24 October 2024