U.S. markets, Jan. 13-17
The story south of the border was a bit of a mixed bag as investors bought on positive earnings reports and rising industrial production, but sold on a decline in housing starts.
Stock Markets/Investing
TSX Venture Exchange, Jan. 13-17
The S&P/TSX Venture Composite Index extended its rally during the trading sessions, with a 9.79-point gain leading to a 976.34-point weekly close, which marks the Venture’s highest close since April 2011. Market enthusiasm was fuelled…
Xmet grabs land around Zenyatta’s Albany graphite play
VANCOUVER — Several months ago, explorer Xmet (TSXV: XME; US-OTC: XMTTF) hit the brakes on its acquisition of the resource-stage Duquesne–Ottoman gold project from Clifton Star Resources (TSXV: CFO) due to tough market…
Short Position Report
Short positions outstanding on Jan. 15/14 (with changes from Dec. 31/13).
U.S. markets, Jan. 6-10
The first trading week of 2014 saw the Dow Jones Industrial Average slide 0.02% to 16,437.05, the S&P 500 inch up 0.60% to 1,842.37 and the Philadelphia Gold & Silver Index rise 0.49% to 87.05. Weaker-than-expected jobs data dampened…
TSX Venture Exchange, Jan. 6-10
The S&P/TSX Venture Composite Index closed in the green for a second straight week to start the year, as it jumped 2.3% — or 21.83 points during trading — en route to a 966.55-point close. Commodity futures were relatively…
Toronto Stock Exchange, Jan. 6-10
Canada’s benchmark index gained during the week, as prices of gold and other commodities rose following poor North American jobs data.
Short Position Report
TSX Short Positions Short positions outstanding at Dec. 31/13 (with changes from Dec….
Toronto Stock Exchange, Dec. 27-Jan. 3
An extreme cold weather front that kept most Canadians indoors over the holiday period also sent a chill through equity markets. The S&P/TSX Composite Index fell 0.2% on the first day of trading in 2014, finishing the week down a total of…
TSX Venture Exchange, Dec. 27-Jan. 3
The S&P TSX Venture Composite Index continued its rally to start the new year, with a late-December run fueling a 2.8% or 25.7 point gain during the Dec. 27-Jan. 3 trading sessions en route to a 944.71 point close. Gains were driven by…
Eike Batista’s boom and bust
VANCOUVER — How do you turn US$35 billion into less than US$400 million in 18 months?
TSX Venture Exchange, Dec. 16-20
The S&P/TSX Venture Composite Index dropped 6.29 points during the trading sessions en route to closing at 888.18. Markets reacted positively late in the trading period after the U.S. Federal Reserve opted to modestly cut its bond-buying…