logo

Canadian Commentary

Share

The Canadian stock market ended weak on Friday after languishing in negative territory right through the day's session as weak economic data hurt sentiment.

The Canadian stock market was languishing in negative territory after a weak start Friday morning, as worries about U.S.-China tensions over Hong Kong rendered the mood a bit bearish.

Canadian shares are likely to open with a negative bias Friday morning amid concerns about U.S.-China tensions, as China looks to tighten control over Hong Kong by imposing a security law.

The Canadian stock market ended slightly lower on Thursday, despite spending a good part of the day's session in positive territory.

After a positive start and a subsequent retreat that resulted in a brief spell in negative territory, the Canadian stock market recovered lost ground in cautious trade Thursday morning.

Canadian shares are likely to open on a positive note Thursday morning amid continued optimism about economic recovery following several countries gradually reopening their businesses.

Despite a mid-morning setback and a subsequent long spell in negative territory, the Canadian stock ended on a firm note on Wednesday.

The Canadian stock market opened modestly higher Wednesday morning, lifted by hopes of further stimulus from the central bank, but retreated and fell into the red swiftly amid concerns over uncertainty about the near term outlook for the economy.

Canadian shares are likely to open higher Wednesday morning amid hopes global central banks will announce further stimulus measures to support growth, as businesses reopen after being under lockdown for several weeks due to the coronavirus pandemic.

The Canadian market ended on a firm note on Tuesday as optimism about a potential coronavirus vaccine, and expectations that easing of lockdown measures and reopening of businesses will help economies to get back on to the recovery mode pushed up stock prices.

The Canadian stock market was modestly up in positive territory by Tuesday noon, after giving up some early gains.

Higher Canadian and U.S. futures and firm European markets point to a positive start for Canadian shares Tuesday morning.

The Canadian stock market opened higher on Monday, stayed firm right through the session and ended on a strong note amid optimism the economy will gradually recover following several countries relaxing lockdown restrictions and reopening their economies.

The Canadian stock market was up firmly in positive territory Monday noon after opening on a bright note amid optimism about economic recovery thanks to several countries easing lockdown restrictions and gradually reopening businesses.

Canadian shares are likely to open higher Monday morning with investors closely tracking the developments following several countries reopening their businesses that had been locked down to prevent the spread of the coronavirus pandemic.

Follow RTT