{"id":84500,"date":"2023-05-25T19:48:02","date_gmt":"2023-05-25T15:48:02","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=84500"},"modified":"2023-05-25T19:59:44","modified_gmt":"2023-05-25T15:59:44","slug":"canada-stocks-tsx-retreat-amid-mixed-bank-earnings","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/canada-stocks-tsx-retreat-amid-mixed-bank-earnings\/05\/25\/market-updates\/","title":{"rendered":"CANADA STOCKS-TSX retreat amid mixed bank earnings"},"content":{"rendered":"\n<p>Canadian shares hit a near-two month low on Thursday, as the losses in the country&#8217;s top lenders overshadowed the gains in tech stocks.<\/p>\n\n\n\n<p>The Toronto Stock Exchange&#8217;s S&amp;P\/TSX composite index was down 99.28 points, or 0.5%, at 19,828.41. Royal Bank of Canada slid 2.0% on a quarterly earnings decline, while Toronto-Dominion Bank was down 3.1%.<\/p>\n\n\n\n<p>Canadian Imperial Bank of Commerce rose 2.0%, touching a one-month high after beating earnings per share expectations. Banks retreated 1.1%, with the broader financials sector sub-index.SPTTFS shedding 0.7%.<\/p>\n\n\n\n<p>Canadian equities have witnessed sharp selloffs over the past sessions as mixed earnings from the country&#8217;s top lenders weighed on investor sentiment. An unexpected bounce in inflation and worries over bleak commodities outlook also kept investors away from riskier assets.<\/p>\n\n\n\n<p>Pembina Pipeline Corp surged 0.5% and Centerra Gold CG.TO rose 0.1%, after brokerages turned bullish on the stocks.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Canadian shares hit a near-two month low on Thursday, as the losses in the country&#8217;s top lenders overshadowed the gains in tech stocks. The Toronto Stock Exchange&#8217;s S&amp;P\/TSX composite index was down 99.28 points, or 0.5%, at 19,828.41. Royal Bank of Canada slid 2.0% on a quarterly earnings decline, while Toronto-Dominion Bank was down 3.1%. &hellip;<\/p>\n","protected":false},"author":13,"featured_media":61177,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[6953,7113,9300],"class_list":["post-84500","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-banks","tag-earnings","tag-tsx"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=84500"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84500\/revisions"}],"predecessor-version":[{"id":84501,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/84500\/revisions\/84501"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/61177"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=84500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=84500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=84500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}