Wed, Nov 26, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Index, Market Moves, Market Pulse more

Toronto stocks take a big hit as commodities fall

Posted on 16 October 2008

From Reuters: The Toronto Stock Exchange’s main index plunged again on Wednesday as resource stocks were pressured by falling commodity prices on concerns global economic weakness would cut demand.

The tumble chipped away at big gains made on Tuesday when the benchmark index logged a record 9.82 percent rise on hopes that moves by policy-makers around the globe would help fix the financial crisis. The heavily-weighted energy sector led the way down, dropping 11.8 percent as U.S. crude plummeted $4.09 a barrel to settle at $74.54 a barrel on recession fears….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 38144 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
November 2014
S M T W T F S
« Oct    
 1
2345678
9101112131415
16171819202122
23242526272829
30