Canadian benchmark equity index increases nearly two percent for the week
Friday, November 05, 2021 7:32 PM

Related Stories

TORONTO, Nov. 5, 2010 (Xinhua News Agency) -- Canadian stocks rose on Friday. The S&P/TSX Composite Index closed up 46.32 points, or 0.36 percent, at 12,925.11. For the week, the benchmark equity index added 1.96 percent.

Eight out of 12 sectors on the Toronto Stock Exchange registered gains on Friday with the index measuring the diversified metals and mining sector rising 2.10 percent.

Teck Resources Ltd., Canada's largest base-metals producer, rallied 4.00 percent. First Quantum Minerals Ltd. (TSX:FM) climbed 3.32 percent. Lundin Mining Corp. (OOTC:LUNCF) (TSX:LUN) added 1.20 percent. Thompson Creek Metals (TSX:TCM') (TSX:TCM) Company Inc. climbed 5.46 percent.

Telus Corp. added 2.97 percent after the company reported better than expected earnings on Friday.

Magna International Inc. surged 6.11 percent after the auto parts company raised its forecast and announced better than expected earnings on Friday.

Manulife Financial Corp., Canada's largest insurer, rallied 4. 82 percent after beating estimates on Thursday with smaller than expected losses.

Uranium One Inc. jumped up 7.30 percent.

On the down side, BlackBerry maker Research in Motion Ltd. (NASDAQ:RIMM) reduced 2.59 percent.

Iamgold Corp. declined 4.24 percent.

On the economic front, data released by Statistics Canada on Friday showed a job gain of 3,000 in Canada during October, which was well short of economists' expectation.

In the U.S., Canada's largest trade partner, the Labor Department reported on Friday that nonfarm payrolls climbed by a greater than expected 151,000 in October.

On the currency front, the Canadian dollar reached parity with its U.S. counterpart at market close on Friday, compared with one U.S. dollar buying 1.0030 Canadian dollars on Thursday.

(Source: )
(Source: Quotemedia)


Symbol :


Market news:

  • US lawmakers may vote on Armenian genocide measure Dec 18, 2021 04:03 AM

    • WASHINGTON - The House may vote next week on a measure that could damage U.S. relations with critical ally Turkey: a resolution declaring the World War I-era killings of Armenians a genocide.
    • House Democratic leaders had long set aside consideration of the draft resolution, and the measure was expected to expire as a new Republican-led House takes office next month.
    • House aides, speaking on condition of anonymity because they were not authorized to comment, said Friday that Democratic leaders have been discussing a possible vote with lawmakers.
      • Paris Vogue editor to leave after 10-year tenure Dec 18, 2021 03:56 AM

        • PARIS - Paris Vogue says its editor-in-chief, Carine Roitfeld, has decided to leave after a 10-year tenure in which the French fashion monthly became "a worldwide reference and indispensable magazine."
        • The magazine says on its Web site that Roitfeld's years as the top editor were marked by "constant growth" both in terms of circulation and advertising.
        • Xavier Romatet, the head of Conde Nast France, the French arm of the U.S. publishing house, said he "of course" regrets Roitfeld's decision to leave "even if I understand it."
          • James has triple-double, dominates again at MSG Dec 18, 2021 03:56 AM

            • NEW YORK - LeBron James always said he loved playing here.
            • James delivered another vintage performance at Madison Square Garden, scoring 32 points and finishing with his 30th career triple-double to help the Miami Heat beat the New York Knicks 113-91 for their 11th straight victory.
            • 6 jersey he hoped would belong to James - New York surged back to tie it at 57 at halftime.
              • $7.2B is recovered for Madoff's victims Dec 18, 2021 03:48 AM

                • NEW YORK - Many of Bernard Madoff's victims who thought they lost everything could get at least half their money back after the widow of a Florida philanthropist agreed Friday to return a staggering $7.2 billion that her husband reaped from the giant Ponzi scheme.
                • Picower was the single biggest beneficiary of Madoff's fraud.
                • He commended Picower's widow, Barbara, "for agreeing to turn over this truly staggering sum, which really was always other people's money."
                  • Congress rushes to finish bills before holidays Dec 18, 2021 03:48 AM

                    • WASHINGTON - Rushing to finish by Christmas, congressional Democrats worked Friday to secure Senate ratification of a new arms control treaty and to end the military's ban on openly gay service members as they neared the end of two tumultuous years of single-party government.
                    • Legislation to keep the federal government running until mid- to late February was also on the agenda, a matter for negotiations with emboldened Republicans who will take control of the House and add to their numbers in the Senate come January.
                    • He was looking for several more on his wish list - the arms control treaty and repeal of the military gay ban - to close out a politically tough year.

                      More news


    Recent Estimates

AnalystFirm NameSymbolEPS Estimate
jomariXXXXX CVG$0.31
mrbilltraderXXXXX POT$1.59
sam farahanXXXXX TECD$0.95
adfgafg ERTS$0.48