Canadian News


The Canadian stock market shrugged off a slightly weak start and hit fresh record high on Monday despite a lack of cues. Activity was mostly stock specific amid a holiday in the U.S. market for Martin Luther King Jr Day.

The Canadian stock market recovered after a slightly weak start, and hit fresh high Monday morning, riding on gains in materials and healthcare sections.

imf-040919_20jan20.jpg The International Monetary Fund on Monday cut the global growth forecasts for this year and next, mainly due to the weaker-than-expected expansion in India. Global growth for this year is projected at 3.3 percent, which is 0.1 percentage point less than the forecast made in October, the international lender said in the latest update to its World Economic Outlook.

The U.S. dollar appreciated against its major counterparts in the European session on Monday, as strong economic data allayed fears about a slowdown in the U.S. economy. Data on Friday showed that U.S. housing starts jumped 16.9 percent in December to the highest level since 2006. The data came...

The Canadian stock market is likely to open on a mixed note Monday morning, tracking higher crude oil prices and a weak trend in Europe.

fortyseven-jan20.jpg Shares of Forty Seven Inc. (FTSV) have been on a roll ever since the Company presented updated clinical data from its ongoing phase Ib trial evaluating Magrolimab in combination with Azacitidine for the treatment of myelodysplastic syndrome and acute myeloid leukemia last December.

pharma-071117_18jan20.jpg Shares of Bellicum Pharmaceuticals Inc. (BLCM) have gained more than 140% over the last 1 month as the Company gears up to present new data related to its autologous GoCAR-T product candidate BPX-601.

The Canadian benchmark S&P/TSX Composite Index extended its record breaking run to yet another session, thanks to positive reaction to the economic data from the U.S. and China.

Gold prices surged higher on Friday amid doubts the signing of the phase one U.S.-China trade agreement may not resolve certain core differences.

The Canadian benchmark S&P/TSX Composite Index hit a fresh record as stocks extended gains on Friday with traders creating fresh positions amid continued optimism about growth following the signing of a phase one trade deal by the U.S. and China.

Canadian shares look headed for a positive start on Friday, tracking cues from Asian and European markets where shares moved higher on strong Chinese economic data. Energy and materials shares may move up on higher crude oil and gold prices.

The U.S. dollar drifted higher against its most major trading partners in the European session on Friday, as solid economic data from China and the U.S. eased concerns about global growth. Official data showed that the Chinese economy expanded in line with expectations in the fourth quarter. Gross...

vir1-jan17.jpg Vir Biotechnology Inc. (VIR), which had a lackluster reception to its initial public offering, has gained 35 percent over the last 5 trading days but is still trading below its offering price of $20 per share.

vielabio-jan17.jpg Shares of Viela Bio Inc. (VIE), which have been hitting new highs, are up a whopping 100% since the Company's market debut on October 3, 2019.

lannett-jan17.jpg Shares of Lannett Company Inc. (LCI) have gained more than 20 percent over the last five trading days.

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