Canadian stocks gain on euro-zone optimism

Note: This section contains information in English only.
Source: Marketwatch

Canadian stocks experienced gains following the news about new European treaty aimed at strengthening fiscal regulations in the euro-zone. The S&P/TSX Composite Index added 165.88 points to 12,240.97, after slight losses on Friday. The S&P/TSX Capped Diversified Metals and Mining Index increased by 4%,  the S&P/TSX Capped Energy Index gained 2.2% and the S&P/TSX Capped Industrials Index increased by 1.8%.

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Tue, 06 Dec 2011 07:24:05 GMT

Asian stocks trade lower on Australia and S&P warnings

Asian stocks closed lower on Tuesday as Standard & Poor's positioned most of Eurozone on monitoring for a credit rating downgrade and Australian central bank has cut its benchmark interest rate. Hong Kong's Hang Seng Index edged down 1.6%, Shanghai Composite Index lost 0.8%, while South Korea's Kospi fell 1.2%. Australia's S&P/ASX 200 index dropped 1.1% and Japan's Nikkei Stock Average declined 1.0%.

Tue, 06 Dec 2011 07:01:01 GMT

Car sales are likely to soar in 2012

The new sales of cars are expected to expand in 2012 as customers who postponed a car purchases last year are likely to return to the car market in the beginning of 2012, reported car-shopping website Edmunds.com. At least 100,000 deferred car purchases will return to car market by March 2012. Last week, car producers have already indicated strong sales in the US.

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