Latest news with #TSXCompositeIndex
Yahoo
16-05-2025
- Business
- Yahoo
TSX Retreats from Recent Highs
Equities in Toronto opened lower on Friday, pulling back from the previous session's record high, led by losses in mining stocks, while investors focused on trade-related developments. The TSX Composite Index cooled off 22 points to begin Friday at 25,875.48 The Canadian dollar dipped 0.05 cents at 71.60 cents U.S. Investors cheered the 90-day pause in the U.S.-China tariff dispute, which reduces the global recession risks, and the bilateral trade agreement between the U.S. and the U.K. a week ago, igniting hopes for potential trade deals with the U.S. In corporate news, oil and gas producer Strathcona said late Thursday it plans to launch a $5.93-billion takeover bid for peer MEG Energy. Strathcona shares began Friday down 53 cents, or 1.7%, to $30.39, while those for MEG sprinted $3.63, or 17%, to $24.93. Markets in Canada will be closed Monday for Victoria Day. On the economic slate, Statistics Canada reported Friday that Canadian investors acquired $15.6 billion of foreign securities in March, mainly in U.S. bonds. Meanwhile, foreign investors reduced their exposure to Canadian securities by $4.2 billion, marking a second consecutive monthly divestment. ON BAYSTREET The TSX Venture Exchange sliced ahead 1.19 points to 668.64. All but three of the 12 subgroups lost ground. with gold and materials each fading 1.6%, while consumer staples dipped 0.1%. The three gainers were real-estate and telecoms, each up 0.5%, while consumer discretionary inched ahead 0.2%. ON WALLSTREET The S&P 500 was little changed after the release of disappointing consumer sentiment data slowed the benchmark's four-day winning streak. The benchmark is still on track for a sharp gain on the week after entering positive territory for the 2025. Read: Gold's Bull Case Strengthens as Miners Advance Projects Across the Globe As Functional Drinks Go Mainstream, Investors Are Following the Trend Major Drilling Programs Ramp Up Just as Gold Sentiment Turns Bullish The FDA's Quiet AI Pivot May Trigger the Next Major Investment Cycle in Healthtech AI in Clinics and Hospitals, Along with FDA Steps Signal Opportunity for Early Mover Advantages The Dow Jones Industrials kept their momentum building 23.11 points to commence the week's last session at 42,345.86 The much-broader index ditched 0.44 points to 5,917.37. The NASDAQ Composite dipped 18.14 points to 19,094.17. Stocks have made a strong comeback since U.S. and Chinese officials earlier this week agreed on a 90-day truce in their tariff measures, which eased investors' fears of escalating global trade tensions and rising risk to the economy. Week to date, the S&P 500 is up 4.5%, and the Dow has gained 2.6%. The NASDAQ Composite has jumped more than 6% this week. Both the S&P 500 and Dow closed higher on Thursday, while the NASDAQ fell slightly. A weaker-than-expected reading of consumer sentiment put a dent in overall investor enthusiasm on Friday. The University of Michigan's survey of consumers fell to 50.8 in May, down from 52.2 in April, which is the second-lowest reading ever behind June 2022. Consumer expectations for inflation over the next year jumped to 7.3% from 6.5% last month, as survey respondents continue to signal worry tied to President Donald Trump's tariffs. Friday could see an uptick in volatility on Wall Street due to a large amount of options contracts that are set to expire. Goldman Sachs estimated that more than $2.8 trillion of notional options exposure will expire on Friday, the biggest such number on record for a May trading day. Prices for the 10-year Treasury gained a small measure of strength, lowering yields to 4.43% from Thursday's 4.44%. Treasury prices and yields move in opposite directions. Oil prices captured 22 cents to $61.84 U.S. a barrel. Prices for gold turned lower $47.80 to $3,178.80Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
The Market Online
08-05-2025
- Business
- The Market Online
Commodity price influence on Canadian equities: A 2025 outlook
In 2025, the Canadian stock market—particularly the S&P/TSX Composite Index—has been significantly influenced by fluctuations in global commodity prices. As a resource-rich nation, Canada's economic and market performance is closely tied to the fortunes of its key commodity sectors: energy (oil and gas), mining (metals and minerals), and agriculture. This article explores how recent trends in these sectors are shaping investor sentiment and driving gains in Canadian equities. 1. Energy sector: Oil prices fuelling market momentum The energy sector, a heavyweight in the TSX, has seen a resurgence in 2025. Crude oil prices have remained volatile but relatively strong, with West Texas Intermediate (WTI) forecasted to average around US$75 per barrel. This strength is underpinned by: Geopolitical tensions , including expanded sanctions on Russian and Iranian oil exports. , including expanded sanctions on Russian and Iranian oil exports. OPEC+ production discipline , which has helped stabilize global supply. , which has helped stabilize global supply. Rising demand from Europe and Asia, particularly for liquefied natural gas (LNG), with Canada benefiting from new export capacity coming online. These dynamics have buoyed Canadian energy giants like Suncor Energy (TSX:SU), Cenovus (TSX:CVE), and Canadian Natural Resources (TSX:CNQ), contributing positively to the TSX Composite Index. 2. Mining Sector: Mixed signals from metals The mining sector has experienced divergent trends in 2025: Precious metals (like gold and silver) have gained due to investor hedging against inflation and geopolitical uncertainty. (like gold and silver) have gained due to investor hedging against inflation and geopolitical uncertainty. Base metals (such as copper and nickel) have faced downward pressure due to a strong U.S. dollar and concerns over global industrial demand, particularly from China. Despite these headwinds, Canadian mining companies with diversified portfolios—like Teck Resources and Barrick Gold—have managed to maintain investor interest, especially as gold prices remain elevated. 3. Agriculture: Oversupply weighs on crop prices Agricultural commodities have been a drag on the TSX in 2025. Global crop markets are experiencing oversupply, with strong harvests in both hemispheres. This has led to: Depressed grain and oilseed prices , affecting Canadian agribusinesses. , affecting Canadian agribusinesses. Stable but unremarkable livestock prices, with cattle seeing modest gains due to tight supply. While not as dominant as energy or mining, agriculture still plays a role in regional economies and smaller TSX-listed firms, which have seen mixed performance. 4. Broader market impact: S&P/TSX Composite Index trends The S&P/TSX Composite Index has shown resilience and moderate gains in 2025, largely driven by: Strong performance in energy and select mining stocks . . Investor rotation into commodities as a hedge against inflation and geopolitical risk. against inflation and geopolitical risk. Weaker performance in agriculture and consumer sectors, partly due to reduced household purchasing power from lower terms of trade. Overall, the index reflects Canada's commodity-driven economic structure, with resource sectors acting as both a buffer and a booster in uncertain global conditions. What investors should watch For investors, the key takeaways are: Energy remains a stronghold , but watch for shifts in global demand and OPEC+ policy. , but watch for shifts in global demand and OPEC+ policy. Mining offers selective opportunities , especially in precious metals. , especially in precious metals. Agriculture may underperform, unless supply-demand dynamics shift. As always, diversification and sector-specific analysis are crucial. With commodities continuing to shape the Canadian market narrative, staying informed on global trends is essential for navigating the TSX in 2025. The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.
Cision Canada
06-05-2025
- Business
- Cision Canada
OSC analysis highlights increasing mentions and diverging sentiment in AI disclosures
TORONTO, May 6, 2025 /CNW/ - The Ontario Securities Commission (OSC) has released staff research that analyses the frequency and sentiment of Canadian listed issuers' references to Artificial Intelligence (AI) in their financial disclosures. OSC staff analyzed the Management Discussion and Analysis (MD&A) filings from S&P/TSX Composite Index issuers over a 10-year period. The exploratory study also provided OSC staff with an opportunity to test new large language models (LLMs) for sentiment analysis. The exploratory research revealed three key findings: Increased AI Mentions: The OSC observed a substantial rise in the number of issuers mentioning AI in their MD&As, reflecting the growing importance and integration of AI technologies across various sectors. Shift in Tone: The 2024 filing year marks a turning point in the overall tone used by issuers to discuss AI. Previously most issuers that discussed AI had an overall positive sentiment, however along with more issuers mentioning AI, there has been a substantial increase in negative sentiment, indicating a more balanced view of AI's risks and opportunities. Diverging Sentiments: Issuers in the Finance and Information sectors exhibit a distinct divergence in sentiment compared to those in other industries. While Finance and Information sectors maintain a more positive outlook on AI, other industries are increasingly cautious. "This research underscores the evolving landscape of AI in corporate disclosures. As issuers become more attuned to the potential benefits and risks of AI, we see a more nuanced discussion emerging," said Leslie Byberg, Executive Vice President, Strategic Regulation at the OSC. This exploratory analysis was conducted by staff in the Thought Leadership division of the OSC. The mandate of the OSC is to provide protection to investors from unfair, improper or fraudulent practices, to foster fair, efficient and competitive capital markets and confidence in the capital markets, to foster capital formation, and to contribute to the stability of the financial system and the reduction of systemic risk. Investors are urged to check the registration of any persons or company offering an investment opportunity and to review the OSC investor materials available at
Yahoo
30-04-2025
- Business
- Yahoo
RBC Investor Services' Canadian DB pension plans generate modest returns while facing heightened market volatility in Q1 2025
TORONTO, April 30, 2025 /CNW/ - Despite market volatility fueled by geopolitical tensions, shifting trade policies and political changes both globally and domestically, defined benefit (DB) pension plans managed by RBC Investor Services clients posted a modest gain of 1.1% in the first quarter of 2025. The results are based on a recent analysis encompassing various client plans across private and public sectors. Canadian equities returned 1.2% for pension plans, slightly underperforming the TSX Composite Index, which rose 1.5%. The materials sector was the main contributor to positive performance, surging 20.3% on the strength of gold stocks. However, the information technology sector declined 7.5%, reflecting broader challenges within the tech industry. Foreign equities held by pension plans fell 0.1%, while the MSCI World Index declined 1.7%. Within the benchmark, there was a sharp contrast between the performance of value and growth stocks: the MSCI World Value Index rose 4.9%, while the MSCI World Growth Index fell 7.7%. Meanwhile, U.S. equities, as represented by the S&P 500, declined 4.2%, underperforming the MSCI EAFE Index, which gained 6.9%. The EAFE's outperformance was driven by strong results in European markets, particularly Germany, which is expected to benefit from fiscal stimulus, and by the euro's appreciation against the Canadian dollar. Emerging markets also advanced, with the MSCI Emerging Markets Index rising 3.0%. In fixed income markets, pension plans gained 1.8%, compared to a 2.0% increase in the FTSE Canada Universe Bond Index. Mid-term bonds led the way, climbing 2.7%, reflecting investors' preference for safer assets amid ongoing uncertainty surrounding central bank policies and political transitions. "The first quarter reminded us that sector positioning, currency exposure and geopolitical awareness are key to pension performance," said Isabelle Tremblay, Asset Owner Segment Lead at RBC Investor Services. "The appreciation of the euro versus the Canadian dollar amplified foreign equity gains, while political developments, including leadership changes both domestically and abroad, sparked investor recalibration. Pension plans that remained diversified and nimble were better positioned to navigate these challenges." About RBCRoyal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 98,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at About RBC Investor ServicesRBC Investor Services delivers investment servicing solutions to Canadian asset managers and asset owners, insurance providers, investment counsellors and global financial institutions. With more than 1,500 employees and offices across the globe, our focus is on safeguarding the assets of our clients and enabling their growth. Part of Royal Bank of Canada, Canada's largest bank, RBC Investor Services has over C$2.6 trillion of assets under administration. Learn more at For more information, please contact: Ylana Kurtz, RBC SOURCE RBC Investor Services View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
30-04-2025
- Business
- Cision Canada
RBC Investor Services' Canadian DB pension plans generate modest returns while facing heightened market volatility in Q1 2025 Français
TORONTO, April 30, 2025 /CNW/ - Despite market volatility fueled by geopolitical tensions, shifting trade policies and political changes both globally and domestically, defined benefit (DB) pension plans managed by RBC Investor Services clients posted a modest gain of 1.1% in the first quarter of 2025. The results are based on a recent analysis encompassing various client plans across private and public sectors. Canadian equities returned 1.2% for pension plans, slightly underperforming the TSX Composite Index, which rose 1.5%. The materials sector was the main contributor to positive performance, surging 20.3% on the strength of gold stocks. However, the information technology sector declined 7.5%, reflecting broader challenges within the tech industry. Foreign equities held by pension plans fell 0.1%, while the MSCI World Index declined 1.7%. Within the benchmark, there was a sharp contrast between the performance of value and growth stocks: the MSCI World Value Index rose 4.9%, while the MSCI World Growth Index fell 7.7%. Meanwhile, U.S. equities, as represented by the S&P 500, declined 4.2%, underperforming the MSCI EAFE Index, which gained 6.9%. The EAFE's outperformance was driven by strong results in European markets, particularly Germany, which is expected to benefit from fiscal stimulus, and by the euro's appreciation against the Canadian dollar. Emerging markets also advanced, with the MSCI Emerging Markets Index rising 3.0%. In fixed income markets, pension plans gained 1.8%, compared to a 2.0% increase in the FTSE Canada Universe Bond Index. Mid-term bonds led the way, climbing 2.7%, reflecting investors' preference for safer assets amid ongoing uncertainty surrounding central bank policies and political transitions. "The first quarter reminded us that sector positioning, currency exposure and geopolitical awareness are key to pension performance," said Isabelle Tremblay, Asset Owner Segment Lead at RBC Investor Services. "The appreciation of the euro versus the Canadian dollar amplified foreign equity gains, while political developments, including leadership changes both domestically and abroad, sparked investor recalibration. Pension plans that remained diversified and nimble were better positioned to navigate these challenges." About RBC Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 98,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada's biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 19 million clients in Canada, the U.S. and 27 other countries. Learn more at We are proud to support a broad range of community initiatives through donations, community investments and employee volunteer activities. See how at About RBC Investor Services RBC Investor Services delivers investment servicing solutions to Canadian asset managers and asset owners, insurance providers, investment counsellors and global financial institutions. With more than 1,500 employees and offices across the globe, our focus is on safeguarding the assets of our clients and enabling their growth. Part of Royal Bank of Canada, Canada's largest bank, RBC Investor Services has over C$2.6 trillion of assets under administration. Learn more at
