TSX ekes out modest gain as jittery investors counter upbeat earnings

Canadian Press / July 29, 2010

Article Tools

Print
Print
Text size Text size
Text size


The Toronto stock market eked out a modest gain as investor nervousness about the economic recovery countered a batch of upbeat earnings from key resource companies.

The S&P/TSX composite index closed up 32.01 points to 11,728.64 at the end of a volatile trading day.

Suncor Energy (TSX:SU), Barrick Gold (TSX:ABX), Goldcorp (TSX:G), and Potash Corp. of Saskatchewan Inc. (TSX:POT) all reported big jumps in second-quarter profit and revenue.

But, investors were hesitant to jump into the market with both feet in advance of reports on Canadian and U.S. GDP data, due out Friday, and next week's employment numbers.

The price of oil gained $1.37 to US$78.36 a barrel, while bullion added $8 to close at US$1,168.40 an ounce.

The loonie was up 0.22 of a cent to 96.51 cents U.S.

For just the data tables, click here.

Filed by Canadian Press, editor@Advisor.ca

Originally published on Advisor.ca

Article Tools

Print
Print
Text size Text size
Text size


Advisor.ca@10Years

tools

ETF Centre

ETF Filter Tool
There is a better way to use ETFs. Search, compare, allocate with the ETF Filter.

Partner Education

Partner Success Centre

We’re celebrating
Advisor.ca@10.

Join us

more…

Franklin Templeton Investments
Advisor Group Rogers
ADVISOR.CA:
» Customer Service / Contact Us / Sales & Advertising / Privacy / Terms of Use / Conseiller.ca
» AM/PM Bulletins / RSS Feeds / Conferences / Subscribe to Print
» Advisor’s Edge Past Issues / Advisor’s Edge Report Past Issues

ROGERS FINANCIAL SERVICES NETWORK:
» Benefits Canada / Canadian Investment Review / Canadian Insurance / Canadian Institutional Investment Network