{"id":15480,"date":"2023-05-30T00:40:55","date_gmt":"2023-05-30T04:40:55","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/toronto-stocks-firmer-to-start-week\/"},"modified":"2023-05-30T00:40:56","modified_gmt":"2023-05-30T04:40:56","slug":"toronto-stocks-firmer-to-start-week","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=15480","title":{"rendered":"Toronto Stocks Firmer to Start Week"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"MW-BT-CO-20230529-703979\" role=\"document\">\n<p>By Robb M. Stewart<\/p>\n<pre><\/pre>\n<p>Stocks in Toronto began the week in positive territory, bolstered by progress in the U.S. to raise the government&#8217;s debt ceiling.<\/p>\n<p>Gains were broad in midday trading, led by the energy and transportation sectors, which more than offset weakness among technology shares. Markets in the U.S. were closed for a public holiday.<\/p>\n<div class=\"paywall\">\n<p>Canada&#8217;s S&amp;P\/TSX Composite Index was 0.2% higher at 19958.50, while the blue-chip S&amp;P\/TSX 60 was ahead 0.2% at 1201.10.<\/p>\n<p>The big banks continued to notch gains in the wake of their second-quarter&#8217;s financial results last week, with Toronto-Dominion Bank up 1% at C$79.04 and Bank of Nova Scotia and Royal Bank of Canada each ahead 0.5% to C$67.16 and C$123.72, respectively.<\/p>\n<pre><\/pre>\n<p>Other market movers:<\/p>\n<p>Canadian Western Bank was 4.8% stronger at C$24.10, recovering from a drop of 5.9% on Friday after the bank&#8217;s second-quarter earnings fell short of market expectations, thanks in part to margin pressure and higher-than-anticipated expenses.<\/p>\n<p>Fire &amp; Flower was 45% lower at C$0.47 after the cannabis retailer said it had hired a financial advisor to assist it with reviewing strategic options, including alternatives for financing.<\/p>\n<pre><\/pre>\n<p>Write to Robb M. Stewart at robb.stewart@wsj.com<\/p>\n<pre><\/pre>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/toronto-stocks-firmer-to-start-week-b373063?mod=investing\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Robb M. Stewart Stocks in Toronto began the week in positive territory, bolstered by progress in the U.S. to raise the government&#8217;s debt ceiling. Gains were broad in midday trading, led by the energy and transportation sectors, which more than offset weakness among technology shares. Markets in the U.S. were closed for a public [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1898,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-15480","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Toronto Stocks Firmer to Start Week | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Robb M. Stewart Stocks in Toronto began the week in positive territory, bolstered by progress in the U.S. to raise the government&#039;s debt ceiling. 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