The TSX finished the day off at 12593 today, up 0.44% from Monday. The gains were lead by infotech and metals & mining.
Financials finished the day at 180.60, down 0.47% for the day. Beside financials were utilities and telecom as the losers. http://tmx.quotemedia.com/marketsca.php?locale=EN
Symbol | Price | Change | % Change | |
---|---|---|---|---|
NA.TO | 67.84 | -0.89 | -1.29% | NATIONAL BANK OF CANADA |
CM.TO | 79.05 | -0.36 | -0.45% | CANADIAN IMPERIAL BANK OF COMME |
RY.TO | 54.95 | -0.43 | -0.78% | ROYAL BANK OF CANADA |
TD.TO | 74.69 | -0.14 | -0.19% | TORONTO-DOMINION BANK |
BNS.TO | 53.22 | -0.22 | -0.41% | BANK OF NOVA SCOTIA |
BMO.TO | 60.20 | -0.17 | -0.28% |
Financials pulled back hard at the end of the day, despite the fact that the National Bank of Canada (TSX: NA) announced a 19% increase in Q4 profitability over the previous year. AND a dividend increase of 6.5%. Tough crowd. You’ll note that this is what I predicted on Sunday (insert pat on the back hereJ)
US Financial sector was also cut really deep today, with Bank of America (NYSE: BAC) and JP Morgan Chase (NYSE: JPM) taking the strongest hits – down 3.18% and 1.35% respectively.
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