Sunday, July 27th23.5°C
22568
22412

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

22439


Recent Trending




Today's Market
S&P TSX15455.04+60.59
S&P CDNX1017.445.79
DJIA16960.57-123.23
Nasdaq4449.564-22.543
S&P 5001978.34-9.64
CDN Dollar0.9250+0.0003
Gold1303.10+4.2001
Oil104.30-0.29
Lumber325.50+0.20
Natural Gas3.781-0.064

 
Okanagan Companies
Pacific Safety0.185-0.015
Knighthawk0.01-0.005
QHR Technologies Inc1.15-0.02
Cantex0.07-0.01
Anavex Life Sciences0.275-0.005
Metalex Ventures0.08+0.01
Russel Metals35.36-0.21
Copper Mountain Mining2.820.00
Colorado Resources0.21+0.005
ReliaBrand Inc0.10+0.019
Sunrise Resources Ltd0.05+0.025
Mission Ready Services0.19+0.01

 



22704

FEATURED Property
1786985386 Uplands Court, Kelowna, BC
10078146 bedrooms
$459,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Take charge of your debt

Photo: Thinkstock.comWays to reduce your Debt:Make a budget and get budget counselingA basic first step for debt reduction is to prepare a budget and plan your spending. Once you have a budget, you mu...


Geopolitical tensions rattle markets

The Big Picture Geopolitical tensions rattle markets The spectre of rising geopolitical tensions in Ukraine and Gaza cast a shadow over an otherwise positive week in the markets. News that a passenger...


Labour shortage in BC

The mainstream media are finally waking up to something unusual in British Columbia – a labour shortage. If the experience of Alberta is a guide to our own future, the highly skilled labour will...

_








Member of BC Press Council


22461