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8 hours ago · The Toronto Stock Exchange's S&P/TSX composite index , opens new tab was up 32.7 points, or 0.13%, at 24,723.18, and was set to register its sixth consecutive weekly gain, its longest winning ...
Dec 15, 2023 · John Goldsmith, head of Canadian equities at Montrusco Bolton, joined BNN Bloomberg to discuss tailwinds and headwinds for the Canadian benchmark. Canada’s stock market is poised for a good year of returns in 2024, experts say, with a pause in the interest rate environment expected to lift several key sectors higher.
Dec 24, 2023 · AC MG SRU.UN. 2024 could be a mixed bag for the TSX, as economic conditions remain tight. Credit risk could rise in the first half as an interest rate cut will take some time to seep into the ...
1 day ago · Canada's main stock index extended its record-setting run on Thursday, led by gains for resource and financial shares, as commodity prices rose and U.S. retail sales data bolstered investor optimism about the economy. The Toronto Stock Exchange's S&P/TSX composite index ended up 129.28 points, or 0.5%, at 24,690.48, eclipsing the record closing high it posted on Wednesday. U.S. retail sales ...
Feb 21, 2024 · Canada's main stock index is set to edge higher in 2024 and then notch a record high next year as the expected start of interest rate cuts by central banks bolsters the high-dividend paying stocks that make up much of the market, a Reuters poll found. The median prediction of 23 portfolio managers and strategists in the Feb. 9-21 poll was for the S&P/TSX Composite Index to advance 2.5% to ...
1 day ago · The Toronto Stock Exchange’s S&P/TSX composite index opened 0.40 per cent higher at 24,660.05, driven by gains in financials and technology stocks.
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Nov 28, 2023 · Canada’s main stock index will hit a new all-time high in 2024, if investors can reject “paralyzing pessimism” not seen in decades. That’s the latest forecast from BMO Capital Markets chief market strategist Brian Belski. Last year, he called for Canada’s S&P/TSX Composite Index (^ GSPTSE) to outperform the S&P 500 (^GSPC) in 2023.
