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MessagePosté le: Ven 13 Juil - 02:46 (2018) Répondre en citant

TORONTO, Feb. 23 (Xinhua) -- Canada's main stock market in Toronto declined for a second straight day on Thursday, as dips in copper price and industrials stocks outpaced gains in food and energy stocks.

The Toronto Stock Exchange's benchmark Standard & Poor'sTSX Composite retreated 49.02 points, or 0.31 percent, to finish the session at 15,781.20 points. Seven of the ten sub-groups lost ground on the day.

The Materials and Industrial groups contributed most to day's losses, dropping 1.09 percent and 1.20 percent, respectively.

The TSX Materials group, which is made up of producers of gold, precious metals, and raw materials, fell after China's Vice Housing Minister said the government will speed up the process of introducing a nationwide property tax on houses. As a result of the news, the spot price of copper dipped 2.73 percent to 2.646 U.S. dollars a pound.

Subsequently, a trio of base metal producers saw shares decline by more than five percent on the day. Vancouver-based First Quantum Minerals Ltd. shares were the most traded stock on the day (11.2 million shares) and plunged 6.50 percent to 14.23 Canadian dollars (10.85 U.S. dollars). Meanwhile, shares of Hudbay Minerals Inc. and Ivanhoe Mines Ltd. dipped 6.36 percent and 5.45 percent, respectively.

The Industrials group was hampered by the country's two largest rail firms. Calgary-based Canadian Pacific Railway Limited shares dipped 1.86 percent, while Montreal-based Canadian National Railway Company fell 1.53 percent. Also contributing to the group's loss was Bombardier Inc. shares falling 0.40 percent to close at 2.52 Canadian dollars (1.92 U.S. dollars).

Other groups to finish the day in negative territory included: Information Technology (0.70 percent), Health Care (0.66 percent), Consumer Discretionary (0.42 percent), Financials (0.28 percent), and Telecommunications (0.27 percent).

Consumer Discretionary finished lower despite two members posting favorable end of year financials. Clothing retailer Hudson's Bay Company shares advanced 2.36 percent after the firm forecasted 75 million Canadian dollars of operational savings in 2017. Montreal-based clothing supplier Gildan Activewear Inc. shares gained 1.84 percent after the firm posted an 8.1 percent increase in net sales during the fourth quarter.

Dragging the group down were auto parts maker Magna International Inc. and fast food conglomerate Restaurant Brands International Inc., slipping 1.46 percent and 0.98 percent, respectively.

On a bright note, the TSX Consumer Staples group posted the biggest gains for a second straight session. The group which is made up of firms that produce, distribute or sell essential products was boosted by Supermarket retailer Loblaws after posting a 57-percent increase in net earnings compared to the fourth period of last year. Shares of the Toronto-based company promptly jumped 3.09 percent to 71.05 Canadian dollars (54.18 U.S. dollars).

The other two groups to finish Thursday ahead were Energy (0.77 percent) and Utilities (0.18 percent).

Energy finished higher as the price of crude oil moved up after U.S. Energy Administration reported that crude inventories rose 564,000 barrels, less than the market expectation of a 3.5 million barrel increase. Subsequently, the price of Brent jumped 1.07 percent to 56.45 U.S. dollars a barrel.

Shares of Calgary-based energy firm Suncor Energy Inc. climbed 1.71 percent to 42.85 Canadian dollars (32.67 U.S. dollars), while MEG Energy Corp. and Spartan Energy Corp. saw respective gains of 1.13 percent and 1.05 percent.

The Canadian dollar moved up 0.19 cents to finish the day at 0.7625 U.S. dollars.
Yao Ming Heren Supreme x Nike Air Max 98 KPU TPU Zwart Kopen , retired Chinese professional basketball player, smiles during a press conference for Beijing 2022 Olympic bid in Kuala Lumpur, Malaysia, Wednesday, July 29 Nike Air Max 97 Undefeated Wit Rood Kopen , 2015. Malaysia is hosting the 128th International Olympic Committee executive board meeting where the vote for the host cities of the 2022 Olympic Winter Games and for the 2020 Youth Olympic Winter Games will take place. [PhotoIC] Song Andong, left, Chinese ice hockey player, poses with Yao Ming, right Heren Nike Air Max 97 2017 Retro Goud Kopen , retired Chinese professional basketball player, during a press conference for Beijing 2022 Olympic bid in Kuala Lumpur, Malaysia, Wednesday, July 29 Heren Nike Air Max 97 KPU Grijs Kopen , 2015. [PhotoIC] International Olympic Committee President Thomas Bach speaks during a press conference in Kuala Lumpur, Malaysia, Wednesday, July, 29 Heren Nike Air Max 97 Ultra Zwart Kopen , 2015. [PhotoIC] Former pair skater Andrey Kryukov, left, Sochi 2014 figure skating bronze medalist Denis Ten, center, and Innsbruck 2012 youth Olympian Karina Uzurova attend a press briefing in Kuala Lumpur Heren Nike Air Max 97 KPU Zwart Kopen , Malaysia, Wednesday, July, 29, 2015. [PhotoIC] Tokyo 2020 Olympics President Yoshiro Mori Dames Nike Air Max 97 GS Valentines Day Roze Wit Kopen , left, along with Tokyo 2020 Olympics CEO Toshiro Muto, talks to media after a presentation to the IOC committee in Kuala Lumpur, Malaysia, Wednesday Heren Nike Air Max 97 2017 Retro Sliver Kopen , July 29, 2015. [PhotoIC]
HARARE, Oct. 7 (Xinhua) -- Zimbabwean President Robert Mugabe said Saturday underperforming ministers will fall by the wayside when he reshuffles his cabinet next week, state broadcaster the Zimbabwe Broadcasting Corporation reported.

The veteran president, who was addressing his ruling ZANU-PF Youth League National Assembly meeting in the capital Harare Heren Nike Air Max 97 2017 Retro Wit Kopen , said the reshuffle will see some ministers being reassigned.

Mugabe last reshuffled his cabinet in 2015. The fresh reshuffle comes ahead of the 2018 polls and at a time when his party is beset with intense infighting over his succession.

Meanwhile, Mugabe urged party youths to be disciplined and desist from politically and ethnically motivated violence.

"It is on this note that I once again encourage the young ones to desist from drug and alcoholic substance abuse, as well as from pol.
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MessagePosté le: Ven 13 Juil - 02:46 (2018)

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