Turndown in Markets Fails to Lift Toronto Trading
A sea of mixed prices shows no clear market direction as volumes slump on the Toronto Exchange with numerous issues sliding despite brief gains elsewhere. Investors await clearer cues as energy and financial stocks show uneven moves amid broader trading indecision.
Toronto stocks rally as Nasdaq leads global rebound
Toronto's S&P/TSX index rose about 92 points to 7341.32 led by information technology energy and financial shares amid a global bounce. Nortel Celestica Cognos Petro Canada Suncor Encana Scotiabank and Bank of Montreal posted gains while the TSX Venture Exchange dipped. US indexes including Dow Nasdaq and S&P 500 moved higher with analysts hopeful earnings will support continued gains. The Canadian dollar slipped to 64.65 U.S. cents as rates and commodity weakness persisted.
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TSX Venture Exchange
New York
Standard and Poors
MMS
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Pakistan
Nortel Networks
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Petro Canada
Suncor
Encana
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