Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Indexes  >  Toronto Stock Exchange  >  S&P/TSX Composite index    0000   XC0009695252

S&P/TSX COMPOSITE INDEX (0000)
My previous session
Most popular
Delayed Quote. Delayed  - 10/23 05:55:01 pm
15137.59 PTS   -1.79%
10/22GRAIN HIGHLIGHT : Top Stories of the Day
DJ
09/28LIVESTOCK HIGHL : Top Stories of the Day
DJ
09/17GRAIN HIGHLIGHT : Top Stories of the Day
DJ
SummaryQuotesChartsNewsHeatmapComponents 
News SummaryAll newsNews of the components ofTweets

TSX slips on materials shares, U.S. tax reform worries

share with twitter share with LinkedIn share with facebook
share via e-mail
0
11/09/2017 | 10:55pm CEST
Businessmen pass the Toronto Stock Exchange sing in Toronto

TORONTO (Reuters) - Canada's main stock retreated for a second straight day on Thursday as materials and financial shares lost ground and worries about the prospects of U.S. tax reform weighed on Wall Street.

The Toronto Stock Exchange's S&P/TSX composite index closed down 23.26 points, or 0.14 percent, at 16,082.09, adding to modest losses since posting a record high close on Tuesday at 16,131.79.

The index has rallied 7.5 percent since September, buoyed by a rally in crude oil prices, while investors have worried less that a slowdown in the housing market will weigh on the outlook for bank shares.

"It's had a very nice run here. I think (the rally) may have gotten tired," said John Kinsey, portfolio manager at Caldwell Securities. "The U.S. didn't help out."

Wall Street ended lower as investors turned their attention to a U.S. Senate Republican plan that would delay corporate tax cuts that investors want very much.

The materials group, which includes precious and base metals miners and fertilizer companies, lost 0.8 percent, with Pan Am Silver shedding 6.2 percent to C$19.07 after reporting weaker-than-forecast quarterly results.

Six of the index's 10 main groups ended lower.

The heavyweight financial services sector dipped 0.1 percent despite a 4.1 percent gain for the shares of Manulife Financial Corp's to C$27.47 after the company late on Wednesday reported quarterly results that beat estimates.

The energy group edged up 0.1 percent as U.S. crude prices settled 0.6 percent higher at $57.17 a barrel.

Tourmaline Oil Corp jumped 7.8 percent to C$26.83 after reporting third-quarter results.

Magna International fell 1.2 percent to C$67.05 after warning that part of its transmission business could soften over the next couple of years.

Luxury apparel maker Canada Goose Holdings Inc surged 13.6 percent to C$31.41 after reporting quarterly earnings that exceeded analysts' forecasts.

Canadian Tire Corp Ltd also gained, rising 3.1 percent to C$162.42 after reporting a rise in quarterly retail sales.

(Additional reporting by Solarina Ho; Editing by Lisa Von Ahn and James Dalgleish)

By Fergal Smith

Stocks mentioned in the article
ChangeLast1st jan.
ALARIS ROYALTY CORP. -3.57% 19.45 Delayed Quote.-3.53%
DJ INDUSTRIAL -1.84% 24850.06 Delayed Quote.2.42%
INTACT FINANCIAL CORPORATION -0.06% 100.94 Delayed Quote.-4.07%
LUCARA DIAMOND CORPORATION -1.40% 2.12 Delayed Quote.-26.33%
MAGNA INTERNATIONAL INC. 0.49% 62.97 Delayed Quote.-12.54%
MANULIFE FINANCIAL CORP. -1.23% 20.89 Delayed Quote.-20.44%
MISTRAS GROUP INC -1.17% 19.41 Delayed Quote.-16.32%
NASDAQ 100 -2.06% 6993.6424 Delayed Quote.11.11%
NASDAQ COMP. -1.99% 7319.6223 Delayed Quote.7.90%
PURE TECHNOLOGIES LTD. 0.06% 8.995 End-of-day quote.0.39%
S&P 500 -0.43% 2755.88 Real-time Quote.3.52%
S&P/TSX COMPOSITE INDEX -1.79% 15137.59 Delayed Quote.-4.56%
SUN LIFE FINANCIAL INC -0.97% 48.945 Delayed Quote.-4.90%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on S&P/TSX COMPOSITE INDEX
10/22GRAIN HIGHLIGHTS : Top Stories of the Day
DJ
09/28LIVESTOCK HIGHLIGHTS : Top Stories of the Day
DJ
09/17GRAIN HIGHLIGHTS : Top Stories of the Day
DJ
09/12Canadian miner New Gold explores sale, sources say
RE
09/05CRESCENT POINT ENERGY : names new CEO, plans to cut 17 percent of workforce
RE
08/09Canada Goose shares jump on smaller-than-expected loss
RE
06/06Oil vs wild rice - Enbridge, opponents gear up final U.S. pipeline push
RE
06/06OIL VS WILD RICE : Enbridge, opponents gear up final U.S. pipeline push
RE
05/24TSX : Electric vehicles seen driving cobalt crunch by mid-2020s
RE
05/15TSX edges lower as NAFTA deal hopes ebb, gold prices drop
RE
More news
News of the components of S&P/TSX COMPOSITE INDEX
05:41pBOMBARDIER : Government demands answers over aircraft financier pull out
AQ
04:03pTHOMSON REUTERS : to acquire Integration Point | Thomson Reuters
PU
03:21pROYAL BANK OF CANADA : IIROC Trade Resumption - RY.PR.D
AQ
03:08pCANADIAN NATIONAL RAILWAY : OCT 23, 2018CN to report third-quarter 2018 financia..
PU
03:02pFINNING INTERNATIONAL : to Release Q3 2018 Results on November 5, 2018 and Hold ..
AQ
03:01pTHOMSON REUTERS : to Acquire Integration Point
PR
03:01pOPEN TEXT : OpenText Enables Intelligent and Connected Customer Service in the C..
PR
More news
Chart S&P/TSX COMPOSITE INDEX
Duration : Period :
S&P/TSX Composite index Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends S&P/TSX COMPOSITE INDEX
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Top / Flop S&P/TSX COMPOSITE INDEX
Heatmap :