logo

Canadian Commentary

Share

The Canadian stock market ended modestly higher on Friday, although the mood remained cautious amid continued worries about the economic impact of the coronavirus outbreak in China.

The Canadian stock market is up marginally a little past noon on Friday, after opening flat amid lingering worries about the coronavirus outbreak and its impact on the global economy.

Canadian shares are likely to open with a positive bias Friday morning, tracking higher crude oil prices. Some strong quarterly earnings reports are expected to support the market.

The Canadian stock market ended marginally down on Thursday after languishing in negative territory right through the session, as worries about the coronavirus outbreak resurfaced after the adoption of new methodology for counting infections.

The Canadian stock market is down marginally around Thursday noon after a weak start as worries about the spread of coronavirus resurfaced.

Lower futures and weakness in global markets amid renewed worries about the coronavirus outbreak are likely to push Canadian stocks lower Thursday morning.

The Canadian stock market turned in another solid performance, as slightly fading worries about the economic impact of the coronavirus rendered the mood positive on Wednesday.

The Canadian stock market hit a fresh record high Wednesday morning, led by gains in information technology shares.

Canadian shares are likely to open on a positive note Wednesday morning, tracking cues from Asian and European markets, where stocks gained in strength amid slightly easing worries about the economic impact of the coronavirus.

The Canadian stock market hit fresh intraday and closing highs on Tuesday, as the mood remained positive right through the session, after reports suggested the rate of growth in coronavirus infections has slowed.

Canadian shares are up in positive territory in early afternoon trades on Tuesday, after having opened on a firm note, tracking positive global cues after Chinese President Xi Jinping pledged to win the fight against the coronavirus outbreak.

Canadian shares look headed for a firm start Tuesday morning, tracking cues from Asian and European markets, where stock prices surged higher amid slightly easing worries about the coronavirus outbreak.

Despite a slightly uncertain start and a subsequent long sluggish spell, the Canadian stock market ended on a firm note on Monday, riding on gains in information technology, materials and consumer discretionary stocks.

Canadian stocks are up in positive territory a little past noon on Monday after having opened on a somewhat sluggish start.

Canadian shares are likely to open with a slightly negative bias on Monday, amid lingering worries about the coronavirus outbreak and its impact on the global economy.

Follow RTT
>