Sunday, April 19th19.5°C
25631
24291

Telecoms hold back TSE

The Toronto stock market was slightly higher Thursday as resource sectors benefited from signs of a recovering Chinese manufacturing sector. But the market was held back by earnings disappointments in the telecom and mining sectors.

Overall market sentiment also got a lift from American data showing a better than expected reading for consumer confidence and strength in the U.S. manufacturing sector.

The S&P/TSX composite index climbed 30.28 points to 12,453.19 while the TSX Venture Exchange added 4.36 points to 1,318.83.

The Canadian dollar shook off early losses to move up 0.17 of a cent at 100.27 cents US.

U.S. markets bounded ahead with the Dow Jones industrials jumping 147.34 points to 13,243.8, the Nasdaq composite index gaining 35.67 points to 3,012.9 and the S&P 500 index rising 13.43 points to 1,425.59.

The Conference Board says its consumer confidence index increased in October to 72.2, the highest level in almost five years.

Consumers were more confident after seeing better job growth, the report noted.

The Canadian Press


Read more Business News

24910


Recent Trending




Today's Market
S&P TSX15360.55-26.22
S&P CDNX702.85-2.74
DJIA17826.30-279.47
Nasdaq4931.81-75.98
S&P 5002081.18-23.81
CDN Dollar0.8179-0.0003
Gold1202.90+6.10
Oil55.74-0.57
Lumber248.00-9.80
Natural Gas2.634-0.043

 
Okanagan Companies
Pacific Safety0.12+0.00
Knighthawk0.010.00
QHR Technologies Inc1.40-0.01
Cantex0.035+0.005
Anavex Life Sciences0.33+0.02
Metalex Ventures0.075+0.030
Russel Metals27.48-0.23
Copper Mountain Mining1.13+0.01
Colorado Resources0.10-0.00
ReliaBrand Inc0.005+0.001
Sunrise Resources Ltd0.04-0.01
Mission Ready Services0.175-0.010
Decisive Dividend Corporation1.80+0.15

 





FEATURED Property
2250382#113-1120 Guisachan Road
2 bedrooms 2 baths
$299,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Calling on your help!

Has the internet flattened prices as predicted? Has the internet created opportunities for your business to find higher priced markets further afield? Is posting prices on your website a good thing o...


Living with Plan B

“It does not do to leave a live dragon out of your calculations, if you live near him.”― J.R.R. Tolkien, The Hobbit Photo: Thinkstock.comHuman beings are optimists by nature. Whether...


Reverse mortgage solution

With the housing and financial markets on solid footing, some retired Canadians may consider cashing in their growing assets to enjoy vacations and major home renovations. Others, on the other hand, a...

_



25221

25633


Member of BC Press Council


25771