DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Johann M Cherian Fergal Smith"


3 mentions found


☆ Energy and financial shares drag Toronto market lower
  + stars: | 2023-03-23 | by ( Johann M Cherian Fergal Smith | Johann M Cherian | Fergal Smith | ) www.reuters.com   time to read: +1 min
The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) ended down 72.86 points, or 0.4%, at 19,459.92, preliminary data showed. The energy sector fell 1.8% as the price of oil settled 1.3% lower at $69.96 a barrel. Oil fell after U.S. Energy Secretary Jennifer Granholm told lawmakers that refilling the country's Strategic Petroleum Reserve (SPR) may take several years. Heavily weighted financials were down 0.7% as concerns about the global banking sector lingered following interest rate hikes by the Swiss National Bank and the Bank of England. Bombardier shares ended up 2.8% after the company raised its 2025 revenue and free cash flow targets at its investor day, banking on strong demand for private flights.
☆ Toronto market rallies as energy, financials gain
  + stars: | 2023-03-20 | by ( Johann M Cherian Fergal Smith | Johann M Cherian | Fergal Smith | ) www.reuters.com   time to read: +1 min
The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) ended up 131.71 points, or 0.7%, at 19,519.43, preliminary data showed. The financial sector (.SPTTFS), which accounts for nearly 30% of the TSX, added 0.5%. Energy was up 2.9% as oil rebounded from a 15-month low. The materials sector, which includes precious and base metals miners and fertilizer companies, gained 0.8%. Reporting by Johann M Cherian in Bengaluru; Editing by Pooja Desai and David GregorioOur Standards: The Thomson Reuters Trust Principles.
☆ TSX snaps weekly losing streak as investors cheer Chinese data
  + stars: | 2023-03-04 | by ( Johann M Cherian Fergal Smith | Johann M Cherian | Fergal Smith | ) www.reuters.com   time to read: +2 min
"China was closed for months and just improving economic data gives buyers of commodity stocks confidence that those prices can hold, and as we know it is a good chunk of the TSX index," said Barry Schwartz, portfolio manager at Baskin Financial Services. The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) ended up 244.37 points, or 1.2%, at 20,581.58, its highest closing level since Feb. 16. Wall Street also advanced as U.S. Treasury yields eased and economic data helped investors look past the growing likelihood that the Federal Reserve will keep its restrictive policy in place for longer than anticipated. Sleep Country Canada Holdings Inc (ZZZ.TO) was up 5.9% after the company's fourth-quarter sales and earnings beat estimates. Reporting by Johann M Cherian in Bengaluru; Editing by Shilpi Majumdar and Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.
0 next >>
Total: 3