TSX Stock News

TSX Stock News

Canada
Shashwat Chauhan

TSX gains as Bank of Canada signals slowdown in rate hikes

By Shashwat Chauhan (Reuters) – Canada’s main stock index climbed on Wednesday as investors shrugged off potential impact from a oversized rate hike by the Bank of Canada and digested commentary from the central bank hinting at an end to its monetary policy tightening. At 10:32 a.m. ET (15:32 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 102.39 points, or 0.51%, at 20,092.56. The Bank of Canada hiked its benchmark overnight interest rate by 50 basis points to 4.25%, the highest level in almost 15 years, and signaled the tightening campaign was near an end. The central bank,

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Canada
TSX Stocks

Maple Gold Mines Ltd. Advances Exploration on Eagle Gold Mine Property Optioned from Globex

Maple Gold Mines Ltd. Advances Exploration on Eagle Gold Mine Property Optioned from Globex – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Wednesday, December 7, 2022 · 605,155,463 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?

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Canada
Mark Johnson

Meet the Doxxed team behind the sell out NFT project – The Uncharted

Meet the Doxxed team behind the sell out NFT project – The Uncharted – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Wednesday, December 7, 2022 · 605,127,311 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?

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Canada
TSX Stocks

Equinox Gold announces sale of Solaris Resources shares for C$70.4 million

Editors Note: With so much market volatility, stay on top of daily news! Get caught up in minutes with our speedy summary of todays must-read news and expert opinions. Sign up here! (Kitco News) – Equinox Gold (NYSE: EQX, TSX: EQX) announced today that it has sold an aggregate 11,000,000 common shares of Solaris Resources (TSX: SLS) in the ordinary course for investment purposes through the facilities of the Toronto Stock Exchange through block trades for aggregate gross proceeds of C$70.4 million. Equinox Gold said that immediately prior to the transaction, the company owned 15,545,487 common shares of Solaris and

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Canada
Reuters

TSX closes below 20,000 mark as oil prices slide

By Fergal Smith TORONTO (Reuters) – Canada’s main stock index fell on Tuesday to a two-week low as lower oil prices weighed on resource shares and investors braced for another interest rate hike by the Bank of Canada. The Toronto Stock Exchange’s S&P/TSX composite index ended down 252.09 points, or 1.25%, at 19,990.17, its lowest closing level since Nov. 21. “We are looking at a pretty broadbased decline,” said Colin Cieszynski, chief market strategist at SIA Wealth Management. “It says to me it is more related to general equity market weakness and perhaps some concern that the (Canadian) central bank

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Canada
Nick Peters-Golden

Tax Loss Harvest Gold ETFs in PHYS

It’s that time of year again, as advisors and investors look at how they can harvest losses from their investments and reinvest the proceeds in the right funds and ETFs. Among those areas are gold ETFs and funds — while investors may still want gold in their portfolios, it hasn’t been the most straightforward year for those gold strategies. That’s why investors may want to tax loss harvest gold ETFs into physical bullion in the Sprott Physical Gold Trust (PHYS). Gold is down slightly so far this year, with the S&P GSCI Gold index off by about 2.43% YTD. Some

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Canada
DJ Wetzel

Movement Solutions Physical Therapy Offers Innovative Services for Active Adults Above 40

Movement Solutions Physical Therapy Offers Innovative Services for Active Adults Above 40 – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Wednesday, December 7, 2022 · 605,085,775 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?

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Canada
Elizabeth Carlson

Tricon Energy Links Sustainability Commitments to $1.9 Billion in Loans

Tricon Energy Links Sustainability Commitments to $1.9 Billion in Loans – Toronto Stock Exchange News Today – EIN Presswire Trusted News Since 1995 A service for global professionals · Tuesday, December 6, 2022 · 605,018,883 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?

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Canada
Fergal Smith

Canada stocks-Profit-taking weighs on TSX ahead of BoC rate decision

Canada’s main stock index fell on Monday, including declines for resource and technology shares, as investors took stock of the market’s recent rally and awaited a Bank of Canada interest rate decision later this week. The Toronto Stock Exchange’s S&P/TSX composite index ended down 243.40 points, or 1.2%, at 20,242.26, its biggest decline since Nov. 9. It was the index’s second day of declines after last Thursday posting its highest closing level in nearly six months. “I would view it largely as profit-taking based on overbought conditions,” said Joseph Abramson, co-chief investment officer at Northland Wealth Management. “We are still

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Canada
MJBizDaily Staff

Aurora Cannabis repurchases CA$103 million worth of debt

Canadian marijuana company Aurora Cannabis is continuing its debt-reduction quest, repurchasing roughly 103 million Canadian dollars ($76.1 million) worth of convertible notes. The debt repurchase, which cost the company CA$99.4 million in cash, leaves Aurora with about CA$148 million worth of notes outstanding. ADVERTISEMENT “The purpose of the transaction … was to reduce the company’s debt and annual cash interest costs,” Aurora noted in a Monday news release. It is Aurora’s fourth debt repurchase of 2022, a company spokesperson told MJBizDaily. Aurora said it has now repurchased roughly CA$316.5 million worth of its convertible senior notes in the past year,

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