Canadian Commentary


The Canadian stock market shrugged off a weak start, moved into positive territory by mid morning, and despite staying a big sluggish thereafter, ended modestly higher on Tuesday.

After a weak start, the Canadian stock market recovered and emerged into positive territory Tuesday morning, led by gains in energy shares.

Canadian shares are likely to open on a cautious note on Tuesday, tracking the largely sluggish trend seen in Asian and European markets.

The Canadian stock market ended lower on Monday, after trading in negative territory almost right through the session, led by losses in information technology, materials, healthcare and industrial shares.

After edging up a bit in early trades, the Canadian stock market retreated Monday morning, led by losses in materials and technology shares, and was still languishing in negative territory around noon.

Canadian shares are likely to open on a cautious note on Monday, with investors looking for direction after last week's U.S. jobs data turned out to be somewhat disappointing and data from China showed an unexpected fall in the country's exports in August.

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