02072016Sun
Last update: Sun, 07 Feb 2016 10am

Markets - Equity

Markets - Equity - Americas

TSX gains as banks, resource stocks, railways rise TORONTO: Canada's main stock index jumped on Thursday as higher commodity prices helped lift mining stocks, while banks and railways also saw strong gains and the energy sector rose despite a slip in oil prices.A weaker U.S. dollar helped drive gold and other metals higher, as expectations eased of a further rise in U.S. interest rates this year and investors scrambled to close out bearish positions before the Lunar New Year holiday in China.The materials sector of the Toronto index, which includes precious and base metals miners and fertilizer companies, added 4.6 percent, with Barrick Gold Corp up 4.3 percent to C$15.41 and Goldcorp Inc adding 5.1 percent to C$18.18.The Toronto Stock Exchange's S&P/TSX composite index ended the session up 181.48 points, or 1.44 percent, at 12,774.50. Eight of its 10 main groups gained.Global equity and other markets have swung wildly in the first weeks of 2016, and Canada's index ...


Markets - Equity - Europe

European shares rise with Wall Street in choppy trade LONDON: European and US shares were mostly firmer on Thursday after a yo-yo session as investors fretted about a stronger euro and braced for US labour data.Among the eurozone's main exchanges, Germany's DAX index stood out from the pack, failing to maintain gains earlier in the session to close 0.44 percent lower.However, shares in Paris and London were both higher. The CAC edged 0.04 percent higher, while the FTSE was up 1.06 percent.In keeping with ...

Markets - Equity - Americas

TSX rises with commodity prices, led by energy, mining TORONTO: Canada's main stock index rose on Thursday as higher commodity prices helped lift energy and mining stocks, while railway stocks also saw strong gains.A weaker U.S. dollar helped drive commodity markets higher for a second day, which supported the resource-linked market.U.S. crude prices surged more than 2 percent and gold rose to a three-month high after expectations eased of a further rise in U.S. interest rates this year.The most influential movers on the index ...

Markets - Equity - Europe

European shares end down in choppy trade, led by Credit Suisse MILAN: European shares fell on Thursday as weak U.S. data fed concerns that the world's biggest economy may be slowing down, with export-oriented auto stocks leading the decline and Credit Suisse tumbling after reporting a full-year loss.Losses, however, were limited by a rally in commodities which lifted miners and oil sector stocks.U.S. non-farm productivity slumped in the fourth quarter and jobless claims rose more than expected, data showed. That put added pressure on the dollar, ...

Markets - Equity - Americas

Weaker dollar boosts commodities, lifts equities NEW YORK: Global equity markets rose on Thursday as diminished expectations of U.S. interest rate hikes this year pushed the dollar lower, which in turned boosted the prices of commodities.The dollar fell for a fourth day on the latest batch of soft U.S. data, while comments from a U.S. Federal Reserve policymaker on Wednesday were viewed as a sign further rate hikes could be delayed.Those comments were buttressed on Thursday by Robert Kaplan, the new ...

Markets - Equity - Europe

European shares slip with Wall Street, but London firm LONDON: European stocks were mostly weaker Thursday after a soft Wall Street opening, but shares in London rose after the Bank of England's latest economic forecast.At around 1445 GMT, London's benchmark FTSE 100 index stood out from the crowd at 0.57 percent higher, while Frankfurt shares were down 1.02 percent followed by Paris at 0.66 percent lower. European markets rebounded in earlier trading after tumbling on Wednesday, highlighting the recent volatility.Shares in the US were ...

Markets - Equity - Asia

Vietnam index ends 0.6pc higher, trade thin ahead of holiday HANOI: Vietnam's benchmark VN Index closed 0.57 percent higher on Thursday as rising global oil prices and better company earnings boosted sentiment, but trading was muted ahead of the Lunar New Year holiday.Dairy product maker Vinamilk rose 0.83 percent to close at a near one-month high, after it reported a 28-percent jump in net profit for 2015 on Wednesday.Oil prices rose as the US dollar slid on speculation the Federal Reserve might opt to not ...