TSX rises while Dow reaches all-time high
The TSX Composite Index was up 70 points to 12,835.61 for the March 4-8 period —offering a muted version of events south of the border where the Dow Jones Industrial Average reached record nominal highs.
Stock Markets/Investing
Wall Street ends on a high note
U.S. stocks ended in positive territory during the March 4–8 trading week, helped by strong jobs data.
First Quantum’s annual profit hit by lower copper prices
VANCOUVER — Despite a 16% year-on-year jump in copper production Vancouver-based First Quantum Minerals (FM-T, FQM-L) told a familiar story during an annual report on its 2012 fiscal year: falling average realized copper prices and rising…
U.S. markets rise; miners lag
Equities continued to be the destination for large capital flows south of the border as all three of the U.S.’s most watched indices were higher for the Feb. 25 to March 1 period.
Short Position Report
Short positions outstanding at Feb. 28/13 (with changes from Jan. 31/13). TSX Short Positions …
Toronto Stock Exchange, Feb. 25 – Mar. 1
Toronto’s main index rose during the trading week amid strong jobs data. The S&P/TSX Composite Index gained 224 points to 12,540.81, as Statistics Canada reported that nearly 40,000 job were added in December. Canada’s…
TSX Venture Exchange, Feb. 25 – Mar. 1
The S&P/TSX Venture Composite Index curbed its decline despite tepid economic data from China, and concern over U.S. government spending cuts. The index dropped 11 points, or roughly 1%, en route to close at 1,133.36.
U.S. Markets, Feb. 25 – Mar. 1
Equities were the destination for large capital flows south of the border, with the Dow Jones Industrial Average up 253 points to 14,253.77 points, the S&P 500 Index up 24 points to 1,539.79 and the Nasdaq Composite Index up 44 points to…
Sherritt reports loss, but boosts dividend on back of Ambatovy
Sherritt International (S-T) has shouldered such industry-wide hardships as lower commodity prices and higher costs, but the company is signalling its bullishness for the future by increasing its dividend, despite reporting a…
TSX manages to move up, Feb. 25-March 1
Toronto’s main index managed to stay up during the Feb. 25–March 1 trading week, despite concerns over China’s slowed growth and the state of the U.S. economy.
TSX Venture treads water, Feb. 25-Mar. 1
VANCOUVER — The S&P TSX Venture Composite Index managed to curb its decline last week despite tepid economic data from China, and concern over US$85 billion in pending U.S. government spending cuts. The Index dropped 11…
Shopping for stocks at PDAC
With junior miners struggling for financing, many market watchers have concluded that it’s a buyer’s market — but only if investors can distinguish the quality companies from the ones that won’t last another year or two.