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Canadian Commentary

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Canadian shares are likely to open higher on Friday, tracking firm bullion prices and broadly higher European stocks.

The Canadian market ended on a firm note on Thursday, extending gains to a fifth straight session, as stocks from across several sectors posted gains on sustained buying interest.

The Canadian market is up firmly in positive territory Thursday afternoon with stocks from across several sectors exhibiting strength on sustained buying interest.

Canadian shares look headed for a positive start on Thursday thanks to a firm trend in European markets and higher crude oil prices.

The Canadian market moved higher after a flat start Wednesday morning, and despite a couple of setbacks that very nearly pushed it down into the red, ended the session on a firm note.

Canadian shares are turning in a mixed performance Wednesday afternoon with investors digesting earnings news from top banks and the minutes of the Federal Reserve's latest policy meeting released a little while ago.

Canadian shares are likely to open on a mixed note Wednesday morning, tracking commodity prices. While crude oil prices are notably higher, bullion prices are weak.

Following the Victoria Day holiday on Monday, Canadian stocks fluctuated over the course of the trading day on Tuesday before closing mostly higher.

The Canadian market is fairly well placed in positive territory in late afternoon trades on Tuesday thanks to strong gains in energy, materials and consumer staples sectors.

Canadian shares may open with a positive bias on Tuesday, tracking higher commodity prices. However, weak lead from Asian and European markets, where stocks drifted lower amid concerns about growth and Snap's earnings warning might weigh and limit market's upside.

Positive European markets and firm crude oil and bullion prices point to a higher start for Canadian stocks on Monday.

Canadian stocks turned in a mixed performance on Friday with investors largely making cautious moves amid persisting concerns about inflation, higher interest rates and global economic slowdown.

The Canadian market, which slipped after a positive start, continues to languish in negative territory in late afternoon trades on Friday due to heavy selling in healthcare, materials and technology stocks.

Canadian shares are likely to open higher on Friday, tracking positive cues from Asian and European markets and firm crude oil prices.

The Canadian market, which shrugged off a weak start and moved higher on Thursday thanks to strong buying in technology and materials sectors, ended the session on a positive note despite paring some gains towards the end of the session.

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