The Daily Commentary

   

The Daily -May 25th, 2018

May 25th, 2018   Daily Market Commentary Canadian Headlines Canadian stocks rose, with the benchmark index creeping back toward its highest level since January following a two-day decline. The S&P/TSX Composite Index rose 0.1 percent to 16,162 in early trading. Materials and information technology stocks…

The Daily -May 24th, 2018

May 24th, 2018   Daily Market Commentary Canadian Headlines The S&P/TSX Composite Index lost 11 points or less than 0.1 percent to close at 16,133.80 Wednesday, down a second day after an 11-day winning streak. Consumer staples and utilities stocks outperformed, adding 1.6 percent and…

The Daily -May 23rd, 2018

May 23rd, 2018   Daily Market Commentary Canadian Headlines Canadian stocks slid, missing out on the chance to extend their rally to a 12th day. The 11-day streak of gains was the longest since 2014. The S&P/TSX Composite Index dipped 18 points or 0.1 percent…

The Daily -May 22nd, 2018

May 22nd, 2018   Daily Market Commentary Canadian Headlines Investors are decamping Canadian banks ahead of earnings season, with six straight weeks of outflows from the largest exchange-traded fund tracking the industry. The BMO Equal Weight Banks Index ETF saw a record C$263 million ($204…

The Daily -May 18th, 2018

May 18th, 2018   Daily Market Commentary Canadian Headlines Canadian stocks continued to grind towards a record high, rising for a 10th straight day as Western Canada Select crude prices hit the highest level since 2014. The yield on Canada’s 10-year government bond briefly rose above the…

The Daily -May 17th, 2018

May 17th, 2018   Daily Market Commentary Canadian Headlines Canadian stocks rose for a ninth day, the longest advance since 2014, led by Canadian National Railway Co. and First Quantum Minerals Ltd. Two of North America’s biggest pipeline companies announced plans to repurchase subsidiaries as…

The Daily -May 16th, 2018

May 16th, 2018   Daily Market Commentary Canadian Headlines Canadian stocks eked out an eighth consecutive gain as Air Canada and pot producer Aphria Inc. helped to propel the health care and industrial sectors higher. Canada’s finance minister is set to give his most detailed…

The Daily -May 15th, 2018

May 15th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks gained for a seventh day as auto supplier Magna International Inc. rose to a record high and cannabis producer Canopy Growth Corp. planned to dual-list on the New York Stock Exchange. Government housing…

The Daily -May 14th, 2018

May 14th, 2018   Daily Market Commentary   Canadian Headlines Canadian stocks posted their best week since February as crude prices posted a second weekly gain, pushing the energy sector to its highest since January. Aurora Cannabis Inc., a Canadian provider of medical marijuana, agreed…

The Daily -May 11th, 2018

May 11th, 2018   Daily Market Commentary   Canadian Headlines Ant Financial, the Chinese payments giant controlled byJack Ma, is expected to close a fundraising of at least $10 billion in the next few days, attracting Carlyle Group and the Canada Pension Plan Investment Board as first-time investors, according…

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