TSX at 2pm: TSX Posts Modest Gains Amid Solid Job Creation Numbers

By Midnight Trader,  January 04, 2013, 02:02:23 PM EDT

The Toronto stock market was modestly higher in afternoon trading after Statistics Canada reported 40,000 new jobs last month and the unemployment rate dropped to a four-year low of 7.1%.

The S&P/TSX Composite Index was 18 points higher at 12,488, retreating from day highs of 12,503.

Tech, energy and financial issues were higher, offset by losses in the materials sector as the price of gold declined.

Heavily traded Manulife Financial (MFC.TO) gained 1% while Sprott Power (SPZ.TO) added 3%.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



Latest News Video

Stockholm Riots Fuelled by Inequality
Stockholm Riots Fuelled by Inequali...
First Halal Food Fair For Sarajevo
First Halal Food Fair For Sarajevo  
4 In 10 Americans Impacted By Sequestration Cuts
4 In 10 Americans Impacted By Seque...
IRS Shut Down Today Due To The Sequester
IRS Shut Down Today Due To The Sequ...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into to the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

From Our Trusted News Source





Most Active by Volume:

Company Last Sale Change Net / %
BAC $ 13.19 0.02  0.15%
SIRI $ 3.545 unch
FB $ 24.3457 0.71  2.85%
PFE $ 29.0773 0.03  0.11%
INTC $ 23.725 0.33  1.35%
GE $ 23.59 0.07  0.30%
HPQ $ 24.2799 0.58  2.33%
MSFT $ 34.175 0.03  0.07%