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Stock impact report

CANADA STOCKS-TSX rises as investors await more stimulus [Reuters]

Kinross Gold Corporation (KGC) 
Last kinross gold corporation earnings: 2/12 05:00 pm Check Earnings Report
Company Research Source: Reuters
CANADA STOCKS-TSX rises as investors await more stimulus (Adds details, updates prices) March 13 (Reuters) - Canada’s main stock index rose sharply on Friday, as investors clung to hopes for more global stimulus to dull the economic shock from the coronavirus outbreak. * At 9:47 a.m. ET (1347 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 444.34 points, or 3.55%, at 12,952.79. The index plunged 12.3% on Thursday, its worst session ever. * With major central banks flushing markets with liquidity, investors were now looking to additional action from the U.S. Federal Reserve, as well as the government, to stave off a possible recession. * Financials were the top gainers, adding about 6.6%, while energy stocks also benefited from a recovery in oil prices. * On the TSX, 199 issues were higher, while 29 issues declined for a 6.86-to-1 ratio favoring gainers, with 62.48 million shares traded. * The largest percentage gainers on the TSX were Lightspeed Pos Inc, which jumped Show less Read more
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