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Topic Started: Jun 8 2018, 09:36 AM (11 Views)
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TORONTO Dee Gordon Jersey , July 29 (Xinhua) -- Canada's main stock market Tuesday stayed stagnant as investors were concerned about the geopolitical tensions after the U.S. and European Union adopted new sanctions on Russia.


Toronto Stock Exchange's benchmark S&PTSX Composite Index closed up 1.33 points, or 0.01 percent to 15,446.55 points, and most of the major sectors little changed.


With no significant economic catalyst, the equities market in Toronto Tuesday failed to follow the rising trend in last week, when the EU agreed Tuesday to slap its most sweeping sanctions yet on Russia over its role in the Ukraine tensions. And U.S. President Barack Obama also announced wider punitive measures targeting Russia's energy, arms and finance sectors.


Meanwhile, The Conference Board, a global think tank, reported Tuesday that Canadians are getting increasingly pessimistic about the economy and the availability of jobs .The think-tank's consumer confidence survey slid one point to 85.9 in July, dropping for three consecutive months.


The info-tech sector was down 0.82 percent as BlackBerry lost 4 percent to 10.32 Canadian dollars (about 9.5 U.S. dollars) after the smartphone maker announced Tuesday morning that it will acquire SecuSmart, a Germany company in the development and implementation of comprehensive anti-eavesdropping solutions for German government agencies and organizations. BlackBerry said this acquisition of Secusmart is the latest demonstration of the company's commitment to being the first name in enterprise mobile security.


The energy sector moved down 0.17 percent with the September crude oil contract in New York Mercantile Exchange down 0.7 U.S. dollars to 100.97 U.S. dollars a barrel. The leading company Suncor Energy Inc's share decreased 0.49 percent to 45.12 Canadian dollars.


And Athabasca Oil Corp. vapored 7.18 percent to 5.95 Canadian dollars as the company sought to reassure investors it was working to collect a cash payment from PetroChina Co. Ltd. It was reported that Athabasca issued a terse "clarification" early Monday saying it was providing an update on the transaction "in light of recent market speculation and investor queries" over whether PetroChina would follow through with a 1.23-billion U.S. dollars payment tied to Athabasca's Dover oil sands property.


The metals sector was the biggest gainer by inching forward 0.9 percent, with Teck growing 2.06 percent to 26.32 Canadian dollars.


On the currency front, the Canadian dollar Tuesday fell to 0. 9209 U.S. dollar, compared with 0.9259 U.S. dollar on Monday.




SKOPJE, Sept. 9 (Xinhua) -- Macedonia's gross domestic product (GDP) saw an increase of 2.2 percent in the second quarter of 2016, based on the data published Friday by Macedonia's statistical office.


The growth of GDP in the country was mainly driven by the construction sector, which contributed 31 percent, national statistical office said.


According to official data, construction was followed by the scientific and technical sector; administrative and support service activities by 11.5 percent; and the financial and insurance sector by 4.9 percent.


On the other side, the statistical office reported that household consumption increased by 1.3 percent in nominal terms, and its share in the GDP was 69.5 percent.


Even exports of goods and services increased, marking a 4.2-percent growth, while imports increased by 6.6 percent. Enditem


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