Toronto Stock Exchange, Oct. 21-25
The period was a good one for gold, and as the yellow metal went up, so too did the broader index, with the S&P/TSX Composite Index up 250 points to 13,399.42 points, and gold up US$36 to US$1,352.50 per oz.
Stock Markets/Investing
TSX Venture Exchange, Oct. 21-25
The S&P/TSX Venture Composite Index jumped 2.4%, or 22.61 points, before closing out the period at 973.58. Precious-metal futures rose, while energy and base-metal prices remained relatively static. Markets were bolstered by strong earnings…
B2Gold makes all-share offer for Volta Resources
VANCOUVER — Shares of Volta Resources (TSE: VTR) doubled on Oct. 28, after the tabling of a friendly, all-share bid from diversified producer B2Gold (TSX: BTO; NYSE-MKT: BTG) values the junior gold explorer at US$63 million.
U.S. markets, Oct. 14-18
A last-minute deal to prevent a U.S. default — along with the reopening of government offices — sent the S&P 500 into record territory, helped by a growing consensus that Washington would not taper quantitative easing until at…
Toronto Stock Exchange, Oct. 15-18
The S&P/TSX Composite Index was up 233 points to 13,136.09 for the holiday shortened period. But the gains paled in comparison to the momentum south of the border after a debt deal was reached. The performance gap between the S&P/TSX…
TSX Venture Exchange, Oct. 15-18
The S&P/TSX Venture Composite Index bounced back during the shortened trading period, gaining 2.3%, or 21.60 points, en route to a 950.97-point weekly close. Markets were buoyed by a resolution in the U.S. debt negotiations, as well as…
Friedland kicks off Goodman Talks series
At the launch of the Goodman Talks public lecture series at Laurentian University in Sudbury, Ontario. From left: Laurentian University president Dominic Giroux; Ivanhoe Mines chairman and inaugural speaker Robert Friedland; Dundee Corp. CEO…
Short Position Report
Short positions outstanding at Oct. 15/13 (with changes from Sept. 30/13).
Toronto Stock Exchange, Oct. 7-11
The S&P/TSX Composite Index closed up 176 points to 12,892.11, as investors hoped for a resolution to the budget impasse south of the border. The situation was doubly bad for commodities, as lower U.S. bond prices pushed yields higher,…
U.S. markets, Oct. 7-11
U.S. markets climbed late in the week with signs that lawmakers might strike a short-term deal to avoid a debt default. The Dow Jones Industrial Average rose 1.09% to 15,237.11 and the S&P 500 advanced 0.75% to 1,703.20. Economists estimate…
TSX Venture Exchange, Oct. 7-11
The S&P/TSX Venture Composite Index lost 2.7%, or 26 points, before closing the trading week at 929.37 points. Metal and energy futures struggled as markets kept an eye on the U.S. debt impasse. Meanwhile, trade data out of China showed…
Toronto Stock Exchange, Sept. 30-Oct. 4
The S&P/TSX Composite Index ended the week in negative territory as the dispute over the U.S. federal budget and debt ceiling rattled investors. The index plunged 85.4 points to 12,758.65. The S&P/TSX Global Gold Index dropped 6.8…