Canadian stocks ticked higher on Friday, extending the gains from the two previous sessions as investors watched the efforts on securing a U.S.-Iran peace deal against a warning by the International Energy Agency of crude oil shortages in a few months if the Strait of Hormuz remains blocked.
The Canadian market is up firmly in positive territory Friday afternoon, led by gains in technology, communications and utilities sectors. Slight optimism about U.S. and Iran reaching a deal to end the war in the Middle East contributed to the fairly positive mood in the market.
Canadian shares may open with a positive bias on Friday amid reports indicating "slight progress" in U.S.-Iran talks. However, with Tehran reportedly insisting on keeping enriched uranium in Iran, the mood in the market is unlikely to be any significantly bullish.
Canadian stocks moved higher on Thursday, extending the gains from yesterday's session, as traders watched the ongoing diplomatic process to end U.S.-Iran hostilities with positivity. The continuing blockade on the Strait of Hormuz shipping traffic capped the upward movement.
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After opening modestly lower and edging down further, the Canadian market climbed above the flat line Thursday morning, riding on gains in energy and utilities sectors. Concerns about Middle East tensions and the potential impact of higher oil prices on inflation and growth continued to weigh on sentiment.
Osisko Development Corp. (ODV), on Thursday announced the pricing of a $275 million aggregate principal amount offering of 4.125% convertible senior notes due 2031 in a private placement. The notes were priced with a 25% conversion premium. The offering includes $225 million of notes to qualified...
Lower Canadian and U.S. futures point to a weak start for Canadian stocks on Thursday. The mood in the market is likely to remain cautious amid uncertainty about Iran and the U.S. reaching a quick peace deal.
Thursday, TELUS Corporation (TU) announced its plan to invest over $8 billion over the next five years to expand and enhance its network infrastructure and operations across Québec, Canada. The company expects the investment in key projects to deliver critical infrastructure to strengthen the country's...
Canadian stocks surged on Wednesday as U.S.-Iran peace talks progressed with high momentum, easing concerns of inflation and raising optimism on the reopening of the Strait of Hormuz.
Canadian stocks climbed up sharply on Wednesday as optimism about a potential U.S.-Iran peace deal rose amid progress in talks, helped offset concerns about inflation. U.S. President Donald Trump claimed on Tuesday that the U.S. war with Iran will end "very quickly."
Modestly higher Canadian and U.S. futures, amid some hopes for a potential U.S.-Iran peace deal point to a positive start for Canadian stocks on Wednesday.
Extending the losses from last week's session, Canadian stocks climbed earlier in the session following the announcement by U.S. President Donald Trump about halting a planned military attack on Iran but pared the gains to inch lower after he observed that strikes could commence anytime soon if Iran fails to strike a deal.
Canadian shares are turning in a mixed performance on Tuesday with investors mostly making cautious moves, digesting the nation's inflation data and following news about the U.S.-Iran conflict.
TELUS Corporation (TU), a Canadian telecom company, Tuesday announced that it is investing more than $66 billion over the next five years to expand and enhance its network infrastructure and operations across Canada. Through this investment, the company hopes to advance Canada's tech and AI sovereignty,...
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.