Dow Jones futures fell slightly Monday afternoon, along with S&P 500 futures and Nasdaq futures. The stock market rally continued to strengthen last week,...
(RTTNews) - The Canadian stock market is languishing in negative territory around noon on Friday, after opening on a weak note amid rising worries about U.S.-China tensions, and uncertainty about the pace of economic recovery due to the continued surge in coronavirus cases.
Materials and energy stocks are finding some support, while financial, utilities and healthcare shares are mostly lower. Consumer discretionary, information technology and industrial shares are turning in a mixed performance.
The benchmark S&P/TSX Composite Index is down 34.76 points or 0.22% at 15,983.80, after falling to a low of 15,928.42.
Among the prominent losers, Royal Bank of Canada (RY.TO) is down more than 2%, Suncor Energy (SU.TO) is declining 1.65% and Toronto-Dominion Bank (TD.TO) is lower by 1.25%, while Bank of Nova Scotia (BNS.TO) and Royal Bank of Canada (RY.TO) are both lower by about 1%.
Wheaton Precious Metals (WPM.TO) is rising nearly 5%. Kinross Gold Corp (K.TO) is gaining 1.8% and Canadian Natural Resources (CNQ.TO) is up 1.5%. Barrick Gold Corp (ABX.TO) and Shopify Inc. (SHOP.TO) are up 1.4% and 1.3%, respectively.
Yamana Gold Inc. (YRI.TO) reported that its second-quarter adjusted net earnings were $63.3 million or $0.07 per share compared to adjusted net earnings of $19.8 million or $0.02 per a year earlier. The stock is up nearly 6%.
Teck Resources (TECK.B.TO) is down by about 2.8%. The company reported adjusted basic earnings of C$0.17 per share for the second-quarter for the current year, compared with adjusted basic earnings of C$0.88 a year ago.
In commodities, West Texas Intermediate Crude oil futures for September are down $0.19 or 0.46% at $40.88 a barrel.
Gold futures for August are up $7.20 or about 0.4% at $1,897.20 an ounce, while Silver futures for September are down $0.108 or 0.47% at $22.880 an ounce.
U.S.-China tension have escalated after China revoked the license of the U.S. consulate in Chengdu, saying it is a "legitimate and necessary response to the unreasonable actions of the United States." Just a couple of days ago, the U.S. government had ordered China to close its consulate in Houston, Texas.
ESPOO, Finland, April 29, 2021 /PRNewswire/ -- Picosun Group has appointed Kenneth Hörhammer as Vice President, Sales, and a member of Picosun Group's Leadership Team as of May 1, 2021. Kenneth Hörhammer has strong international business experience as well as passion and proven results in sales development and execution. Before joining Picosun, Kenneth Hörhammer has held multiple global business and sales leadership positions at Vaisala both in Finland and abroad in the past 17 years."I am excited to join this fantastic team and company. The potential for ALD is almost limitless, and Picosun is spearheading this technology globally. Picosun is a bright example of Finnish high-tech innovativeness, and I am thrilled to become an integral part of this international growth story," states Kenneth Hörhammer."I warmly welcome Kenneth Hörhammer to join our team. The professional background and global experience he brings to our team enable us to significantly strengthen our global sales management, build a stronger sales organization and enforce customer satisfaction," concludes Jussi Rautee, CEO of Picosun Group. Picosun provides the most advanced AGILE ALD® (Atomic Layer Deposition) thin film coating solutions for global industries. Picosun's ALD solutions enable technological leap into the future, with turn-key production processes and unmatched, pioneering expertise in the field – dating back to the invention of the technology itself. Today, PICOSUN® ALD equipment are in daily manufacturing use in numerous leading industries around the world. Picosun is based in Finland, with subsidiaries in Germany, USA, Singapore, Japan, South Korea, China mainland and Taiwan, offices in India and France, and a world-wide sales and support network. Visit www.picosun.com.More information:
Jussi RauteeCEO, Picosun GroupTel: +358 50 345 4457Email: firstname.lastname@example.org Web: www.picosun.comThis information was brought to you by Cision https://news.cision.comhttps://news.cision.com/picosun-oy/r/kenneth-horhammer-joins-picosun-as-vice-president--sales,c3334203The following files are available for download:https://mb.cision.com/Main/16058/3334203/1407946.pdf
Picosun_press release_290421https://news.cision.com/picosun-oy/i/kenneth-horhammer,c2905741Kenneth HörhammerSOURCE Picosun Oy