Business
Triple digit gain for TSX
Sep 27, 2012 / 1:52 pm
The Toronto Stock Exchange posted a triple digit rebound as commodity prices gained ground after two of the most indebted European countries outlined new austerity measures.
The S&P/TSX composite index added 105.99 points to 12,338.85.
Spain and Greece outlined plans to cut spending and raise taxes to convince international lenders and financial markets they are on the right track to cut their deficits.
The Canadian dollar gained 0.45 of a cent to 101.95 cents U.S. getting a boost after Spain announced its new budget.
Wall Street was also higher, with the Dow ahead 72.46 points to 13,485.97 and the Nasdaq 42.90 points higher at 3,136.60. The broader S&P 500 was up 13.83 points at 1,447.15.
The benchmark New York oil contract was ahead $1.87 at US$91.85 a barrel, while the December gold contract added $26.90 to US$1,780.50 an ounce. The December copper contract was three cents higher at US$3.74 a pound.
Read more Business News
Today's Market
| S&P TSX | 12752.50 | +10.07 |
| S&P CDNX | 942.08 | +2.67 |
| DJIA | 15307.17 | -80.41 |
| Nasdaq | 3498.965 | +33.722 |
| S&P 500 | 1655.35 | -13.81 |
| Gold | 1364.50 | -3.10 |
| Lumber | 316.00 | -4.50 |
| Oil | 96.05 | -0.11 |
| Natural Gas | 4.186 | -0.001 |
| CDN Dollar | 0.9642 | N/A |
_
Okanagan Companies
| Sun Rype | 6.10 | -0.15 |
| Pacific Safety | 0.05 | 0.00 |
| Knighthawk | 0.02 | 0.00 |
| QHR Technologies Inc | 0.60 | -0.01 |
| Cantex | 0.015 | 0.00 |
| Anavex Life Sciences | 0.52 | -0.03 |
| Metalex Ventures | 0.085 | 0.00 |
| Russel Metals | 26.72 | -0.08 |
| Copper Mountain Mining | 1.77 | +0.15 |
| Colorado Resources | 1.39 | -0.17 |
| ReliaBrand Inc | 0.13 | 0.00 |
_
Tips for a stress-free summer moveThe majority of Canadians prefer to make their big move during the summer season. There are a variety of reasons for choosing this time of year: it is easier to transport boxes in non-icy condition...
Income properties for sustained recoveryIt appears as though more people these days are looking for an investment in real estate which offers cash flow returns. The fundamentals of cash flow type properties had been turned upsi...
Get in the LoopGetintheloop Marketing Ltd. recently launched their membership platform, Getintheloop.ca. The new website offers an exclusive members area for access to discounts in the South Okanagan on premium res...
_
- The buck is up - a little
- Cheap deadly cars made in Brazil
- Bangladesh to raise wages
- Open for business
- 'Gatsby' earns $51.1M, 'Iron Man' $72.5M
- Chrysler recalls nearly 470,000 SUVs
- Bell not interested in selling more Astral
- Loonie dips over a quarter
- Taxman and the offshore tax havens
- Sharktopus views turns on YouTube TV
- Social media makes Disney blink
- BCE looks to cut $170 million
Showcase your business like no other marketing can and Join the growing number of businesses that get more customers.
Learn more here
