Stocks Up on Day, Level on Week

Markets in Toronto may not have set off the fireworks their American cousins were able to watch, but gains were respectable on both the day and the shortened week.

The TSX Composite index gained 60.53 points to end Friday and the week at 20,226.11. Still, the index fell short on the week by 4.15 points, or 0.02%.

The Canadian dollar marched forward 0.07 cents to 81.13 cents U.S.

Thursday, markets in Canada were closed in honour of Canada Day.

Consumer staples led the parade, with Alimentation Couche-Tard climbing $1.27, or 2.8%, to $46.82, while Empire Company leaped 94 cents, or 2.4%, to $40.04.

In gold stocks, Torex Gold Resources accumulated 36 cents, or 2.5%, to $14.64, while Centerra Gold amassed 18 cents more, or 1.9%, to $9.59.

Real-estate also showed some promised, as Altus Group picked up $1.22, or 2.1%, to $58.67, while Tricon Capital Group climbed 29 cents, or … Read more

Canadian Investors Point to Jobs Data Next Week



U.S. markets closed for Independence Day



Economic Lookahead

Markit services Purchasing Managers Index (June)

Institute for Supply Management services index (June)

Featured Earnings

Grupo Televisa, S.A.B (NYSE: TV) (Q2) EPS projected for two cents, compared to 13 cents in the prior-year quarter.

SMART Global Holdings Inc. (NASDAQ:SGH) (Q3) EPS projected for 89 cents, compared to 54 cents in the prior-year quarter.

Oramed Pharmaceuticals (NASDAQ ORMP) (Q3) EPS projected for $1.60, compared to 75 cents in the prior-year quarter.


Featured Earnings

Gold Terra Resource (V.YGT) (Q4) EPS projected for loss of one cent, compared to breakeven in the prior-year quarter.



Economic Lookahead

Job Openings (May)

Federal Open Market Committee Minutes

Featured Earnings

MSC Industrial Direct Company Inc. (NYSE:MSM) (Q3) EPS projected for $1.38, compared to $1.40 in the prior-year quarter.

National Beverage Corp. (NASDAQ:FIZZ) (Q1) EPS projected for $1.60, compared to 75 cents in … Read more