Toronto Stocks Edge Higher; Cineplex Shares Rises on Writers, Studio Tentative Deal in Hollywood
By Adriano Marchese
Stocks in Toronto were slightly higher midday on Monday after spending most of the morning in red territory. In the session, consumer durables, finance and commercial services were the main laggards, offset by gains primarily in energy, process industries and industrial services.
Canada's S&P/TSX Composite Index 0.23% to 19824.61. The blue-chip S&P/TSX 60 was 0.26% higher at 1188.92.
Cineplex shares were 2.5% higher at 8.75 Canadian dollars ($6.49) after the Writers Guild of America said that it came to a tentative agreement with the Alliance of Motion Picture and Television Producers, likely ending a nearly 150 day strike and the risk of fewer releases in the new year.
Other market movers:
Shares of AutoCanada were 1.2% higher at C$24.13 after it said that it has appointed Brian Feldman to the position of chief operating officer.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
September 25, 2023 12:20 ET (16:20 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
September Jobs Report Forecasts Show Moderate Hiring Gains
-
Port Strike a Headache for Shippers but a Potential Tailwind for Certain US Transport Stocks
-
13 Charts on Q3′s Roller-Coaster Rally for Stocks and Bonds
-
5 Stocks to Buy Instead of Overpriced US Equities
-
Q4 Stock Market Outlook: Where We See Opportunities for Investors
-
Markets Brief: Non-Farm Payrolls in the Spotlight Again
-
6 Top-Performing Large-Growth Funds
-
What’s the Difference Between the CPI and PCE Indexes?
-
This Cheap Stock Is Still a Buy Even After 50% Rally
-
10 Top-Performing Dividend Stocks of Q3 2024
-
33 Undervalued Stocks
-
Communication Services: Cable’s Broadband Dominance Isn’t as Strong as It Once Was
-
Technology: Strength Continues, With Software Presenting the Best Buying Opportunities
-
Best- and Worst-Performing Stocks of Q3 2024
-
Top Stocks to Own From the Best Fund Managers
-
2 Cheap Stocks Top Managers Have Been Buying