Sunday, February 1st1.0°C
24624
23931

End of the day numbers

The S&P/TSX composite index was ahead 13.45 points to 12,436.16 after trading in tight range throughout the session. The TSX Venture Exchange rose 20.88 points to 1,343.52.

The Canadian dollar increased 0.01 of a cent to 102.62 cents US.

The lack of any major direction comes after North American stock markets made significant gains last week on the back of an announcement from the U.S. Federal Reserve of an open-ended plan to spend US$40 billion a month on a new round of bond purchases. And it will continue to do so until the job market shows substantial improvement.

"We've had a real strong move this month on a lot of stimulus, both within Europe and the U.S.," said Jeff Bradacs, portfolio manager at Manulife Asset Management.

"I think the market's just taking the pause. For the next leg in the market it will (be) to see that stimulus run down into the economy and whether it picks up with macroeconomic data."

The Canadian Press


Read more Business News

24698


Recent Trending




Today's Market
S&P TSX14673.48+37.521
S&P CDNX676.81+9.70
DJIA17164.95-251.90
Nasdaq4635.24-48.167
S&P 5001994.99-26.26
CDN Dollar0.7863-0.0014
Gold1286.60-5.10
Oil50.07+3.16
Lumber321.80+0.70
Natural Gas2.87-0.111

 
Okanagan Companies
Pacific Safety0.120.00
Knighthawk0.010.00
QHR Technologies Inc1.400.00
Cantex0.035-0.005
Anavex Life Sciences0.174-0.006
Metalex Ventures0.040.00
Russel Metals23.42-0.16
Copper Mountain Mining0.99+0.01
Colorado Resources0.150.00
ReliaBrand Inc0.01+0.0031
Sunrise Resources Ltd0.050.00
Mission Ready Services0.2350.00

 



25007

FEATURED Property
18665502 - 4190 Lakeshore Road, Kelowna, BC
3 bedrooms 3 baths
$2,295,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Leaving a job: changing careers

Many people, who find themselves out of work and with time on their hands, and money in their pockets due to lay-off, start thinking about a career change. If you weren’t happy with the directio...


Service fit makes happy employees

Finding the right employees for the front lines of your company is key to developing a great service attitude within your company. It is just as important as hiring the right accountant, manager, sale...


How to price: workbook approach

In 2008 Self Counsel Press published my book - Pricing Strategies for Small Business. The book is now available in Europe, India, Russia and the United States. The purpose of the book was to make avai...

_








Member of BC Press Council


24975