Stock Markets

Toronto Stock Exchange’s main index sets record close and intraday highs

TORONTO — Cannabis shares and resource stocks helped drive Canada’s main stock index to a record close on Wednesday, the first day of trading after Christmas and Boxing Day holidays. The Toronto Stock Exchange’s S&P/TSX composite index closed up 37.86 points to 16,203.13, besting the previous record set Dec. 21. It had earlier reached a …

Asian stocks mixed in quiet holiday trading

TOKYO— Asian indexes were mixed Wednesday in quiet holiday trading after oil prices erased some of its recent gains and the region generally shrugged off the dip in technology stocks on Wall Street. KEEPING SCORE: Japan’s benchmark Nikkei 225 inched up less than 0.1 per cent to 22,902.75 in morning trading, while Australia’s S&P/ASX 200 …

Asian shares little changed in post Christmas trading

BEIJING — Major Asian stock markets were little-changed Tuesday in light trading after the Christmas holiday. The Shanghai Composite Index gained less than 1 point to 3,280.12 and Japan’s Nikkei 225 declined by a similar narrow margin to 22,938.40. Seoul’s Kospi gained 0.1 per cent to 2,443.26 while Sydney’s S&P-ASX 200 shed 0.2 per cent …

Asian stocks mixed after Wall Street gains on tax cut hopes

BEIJING — Asian stock markets were mixed Tuesday after Wall Street gained on growing investor certainty U.S. lawmakers will approve tax changes. KEEPING SCORE: The Shanghai Composite Index rose 0.6 per cent to 3,287.48 while Tokyo’s Nikkei 225 lost 0.1 per cent to 22,871.44. Hong Kong’s Hang Seng advanced 0.9 per cent to 29,311.37 and …

Peso, PSEi down ahead of BSP, Fed meetings

MANILA – – Risk-off sentiment ahead of the respective policy meetings of the Bangko Sentral ng Pilipinas (BSP) and the Federal Reserve this week weakened the Philippine peso and local equities market on Tuesday. The local currency  ended the day’s trade at 50.51 from 50.36 a day ago, which was buoyed by Fitch Ratings’ upgrade …

Del Monte posts USD2.8-M net loss

MANILA — Food and beverage conglomerate Del Monte Pacific Limited (DMPL) booked a net loss of USD2.8 million in the second quarter ending October 2017, reversing its USD20 million profit last year, as it rationalized plants and invested in brand building. DMPL, listed in both the Singapore and Philippine stock exchanges, said it incurred USD23.6-million …

Global stocks mixed after tech recovery, China data

SEOUL, Korea, Republic Of — Global stocks were mixed on Friday after a technology stocks recovered from heavy selling the day before. An agreement among key crude exporting countries to extend oil production cuts boosted sentiment but weak China factory data tempered appetite for risk. KEEPING SCORE: Europe opened weaker with Britain’s FTSE 100 dipping …

Global shares advance, shrugging off North Korean missile

TOKYO — Global share benchmarks advanced Wednesday following a broad rally on Wall Street that lifted U.S. stocks to a milestone-shattering finish. Investors appeared to shrug off the latest launch of a ballistic missile by North Korea. KEEPING SCORE: Germany’s DAX gained 0.7 per cent to 13,152.52 and the CAC 40 of France was up …

Asian shares gain, shrugging off North Korean missile launch

TOKYO — Shares are mostly higher in Asia following a broad rally that lifted U.S. stocks to a milestone-shattering finish. Investors appeared to shrug off the latest launch of a ballistic missile by North Korea. KEEPING SCORE: Japan’s Nikkei 225 index gained 0.4 per cent to 22,572.11, while South Korea’s Kospi was almost unchanged at …

Peso, share prices start week with gains

MANILA – – Both the Philippine peso and the Philippine Stock Exchange index (PSEi)  displayed a stiff stance on Monday. The local currency finished the week’s first trading day up by 16 centavos to 50.79  against the US dollar from 50.95 close Friday last week. This improvement did not show when the currency trading opened …