Canadian stocks are on a rise as Royal Bank of Canada and Toronto-Dominion Bank had a 0.3 per cent increase, with Canadian Pacific Railway Ltd. Having a 1.8 per cent decrease following the end of merger talks with CSX Corp.
Since September 3, the index has had a near 9 per cent dive, with a five per cent advance for the year. According Bloomberg, Agnico Eagle Mines Ltd. had a 5.3 per cent increase to a total of C$34.05 while B2Gold Corp had a rise of 4.3 per cent to C$2.41 with the increase of raw-materials stocks by 1.5 per cent.
Gold rose by 0.5 per cent to $1,245.70 an ounce in New York while the U.S. dollar took a toll. CJ
Author: Canadian Jeweller Magazine Staff
Canadian Jeweller Magazine Staff is the shared byline for reporting filed by the magazine's editorial desk. Founded in 1879, Canadian Jeweller is the longest running jewellery business publication in Canada, covering market reporting, retail strategy, watches, diamonds, coloured gemstones and the commerce of the Canadian jewellery trade. Work published under this byline is edited and verified by the Canadian Jeweller editorial team in Toronto.
