Canadian Commentary


The Canadian market ended modestly higher on Tuesday as stocks managed to stay above the unchanged line right from the start of the session, despite seeing a couple of sluggish spells during the day.

Canadian shares were turning in a mixed performance Tuesday morning with investors largely making cautious moves, looking for further developments on the trade front.

stockmarkets-jan04_12nov19.jpg The Canadian stock market is seen opening slightly higher on Tuesday, with energy stocks likely to be in focus as oil prices rose further above $62 a barrel on hopes that U.S. President Donald Trump may signal progress on trade talks. Gold prices slipped on improved risk appetite, with markets in...

The Canadian stock market recovered after a weak start, but failed to move any significantly up as the mood remained cautious due to uncertainty about Sino-U.S. trade talks and on concerns about the political unrest in Hong Kong.

After drifting down in early trades on weak global cues, the Canadian stock market recovered and regained some lost ground Monday morning thanks to brisk buying at a few counters in information technology and telecommunications sectors.

Canadian shares are likely to open on a weak note on Monday, as uncertainty about Sino-U.S. trade negotiations, weak economic data from Asia and Europe, and the political unrest in Hong Kong are likely to force investors to stay cautious.

Optimism about a formal U.S.-China trade deal waned after U.S. President Donald Trump said he has not agreed to cut tariffs on Chinese goods, but the Canadian stock market managed to hold gains and ended on a firm note on Friday, extending gains to a sixth straight session.

After a flat start, the Canadian stock market edged higher Friday morning, and was up with modest gains by noon, with shares from healthcare and information technology sections surging higher.

Canadian stocks are likely to open on a mixed note on Friday with investors digesting the latest batch of economic data and reacting to conflicting reports on tariffs rollback by the Trump administration.

The Canadian stock market ended higher on Thursday, extending recent gains, amid rising optimism the U.S. and China will sign an interim trade deal this month.

The Canadian stock market was firmly up in positive territory Thursday morning, led by strong gains in the energy sections. Stocks from telecommunications, financial, consumer discretionary and industrial sectors too moved higher.

Canadian shares look headed for a positive start on Thursday, tracking firm European stocks and on renewed optimism about U.S.-China "phase one" trade deal.

The Canadian market shrugged off a somewhat sluggish start and ended on a firm note on Wednesday, led by gains in consumer staples and financial sections.

The Canadian market was up firmly in positive territory Wednesday noon with stocks gaining in strength after a flat start.

The Canadian stock market is likely to open on cautious note with a positive bias on Wednesday. Investors will be looking for news from the trade front for direction.

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