Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.98% By Investing.com


© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.98%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher.

At the close in Saudi Arabia, the rose 0.98%.

The best performers of the session on the were Gulf General Cooperative Insurance (SE:), which rose 8.79% or 0.96 points to trade at 11.88 at the close. Meanwhile, The Saudi Investment Bank (SE:) added 3.84% or 0.58 points to end at 15.68 and The Saudi British Bank (SE:) was up 3.77% or 1.20 points to 33.00 in late trade.

The worst performers of the session were Leejam Sports Company SJSC (SE:), which fell 5.19% or 4.00 points to trade at 73.00 at the close. Al-Ahlia Insurance Company (SE:) declined 4.13% or 0.50 points to end at 11.60 and Lazurde for Jewelry Co (SE:) was down 4.03% or 0.62 points to 14.78.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 127 to 58 and 11 ended unchanged.

Shares in Lazurde for Jewelry Co (SE:) fell to all time lows; down 4.03% or 0.62 to 14.78.

Crude oil for December delivery was up 0.51% or 0.29 to $57.44 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.51% or 0.32 to hit $62.61 a barrel, while the December Gold Futures contract fell 0.46% or 6.80 to trade at $1459.60 a troy ounce.

EUR/SAR was down 0.25% to 4.1326, while USD/SAR rose 0.01% to 3.7504.

The US Dollar Index Futures was up 0.23% at 98.218.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Japan stocks higher at close of trade; Nikkei 225 up 1.76% By Investing.com


© Reuters. Japan stocks higher at close of trade; Nikkei 225 up 1.76%

Investing.com – Japan stocks were higher after the close on Tuesday, as gains in the , and sectors led shares higher.

At the close in Tokyo, the added 1.76% to hit a new 52-week high.

The best performers of the session on the were Yahoo Japan Corp. (T:), which rose 16.21% or 53.5 points to trade at 383.5 at the close. Meanwhile, Yamaha Corp. (T:) added 11.95% or 600.0 points to end at 5620.0 and Ricoh Co., Ltd. (T:) was up 8.65% or 83.0 points to 1042.0 in late trade.

The worst performers of the session were Mitsui Engineering & Shipbuilding (T:), which fell 21.62% or 240.0 points to trade at 870.0 at the close. Konica Minolta, Inc. (T:) declined 10.80% or 86.0 points to end at 710.0 and Konami Corp. (T:) was down 7.66% or 390.0 points to 4700.0.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 2694 to 893 and 196 ended unchanged.

Shares in Yahoo Japan Corp. (T:) rose to 52-week highs; rising 16.21% or 53.5 to 383.5. Shares in Konica Minolta, Inc. (T:) fell to 5-year lows; down 10.80% or 86.0 to 710.0.

The , which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 14.27.

Crude oil for December delivery was down 0.16% or 0.09 to $56.45 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January unchanged 0.00% or 0.00 to hit $62.13 a barrel, while the December Gold Futures contract fell 0.17% or 2.55 to trade at $1508.55 a troy ounce.

USD/JPY was up 0.23% to 108.81, while EUR/JPY rose 0.31% to 121.15.

The US Dollar Index Futures was down 0.04% at 97.328.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.42% By Investing.com


© Reuters. U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.42%

Investing.com – U.S. stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.

At the close in NYSE, the gained 0.42% to hit a new 5-year high, while the index gained 0.37%, and the index gained 0.56%.

The best performers of the session on the were Chevron Corp (NYSE:), which rose 4.61% or 5.36 points to trade at 121.57 at the close. Meanwhile, Walgreens Boots Alliance Inc (NASDAQ:) added 3.96% or 2.27 points to end at 59.65 and Dow Inc (NYSE:) was up 3.56% or 1.86 points to 54.17 in late trade.

The worst performers of the session were Procter & Gamble Company (NYSE:), which fell 3.88% or 4.80 points to trade at 119.07 at the close. McDonald’s Corporation (NYSE:) declined 2.72% or 5.28 points to end at 188.66 and Coca-Cola Company (NYSE:) was down 1.41% or 0.76 points to 53.14.

The top performers on the S&P 500 were Cimarex Energy Co (NYSE:) which rose 7.03% to 47.07, Pioneer Natural Resources Co (NYSE:) which was up 6.66% to settle at 136.06 and Devon Energy Corporation (NYSE:) which gained 6.61% to close at 22.57.

The worst performers were Under Armour Inc A (NYSE:) which was down 18.92% to 17.14 in late trade, Under Armour Inc C (NYSE:) which lost 18.35% to settle at 15.440 and PulteGroup Inc (NYSE:) which was down 4.70% to 38.15 at the close.

The top performers on the NASDAQ Composite were Asta Funding Inc (NASDAQ:) which rose 46.47% to 10.18, Wright Medical Group NV (NASDAQ:) which was up 31.94% to settle at 29.04 and Agile Thrpe (NASDAQ:) which gained 31.85% to close at 1.78.

The worst performers were iFresh Inc (NASDAQ:) which was down 56.00% to 0.77 in late trade, AVEO Pharmaceuticals Inc (NASDAQ:) which lost 36.68% to settle at 0.5665 and Ceragon Networks Ltd (NASDAQ:) which was down 35.47% to 1.910 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1775 to 1047 and 102 ended unchanged; on the Nasdaq Stock Exchange, 1610 rose and 1015 declined, while 83 ended unchanged.

Shares in Asta Funding Inc (NASDAQ:) rose to 52-week highs; up 46.47% or 3.23 to 10.18. Shares in iFresh Inc (NASDAQ:) fell to all time lows; falling 56.00% or 0.98 to 0.77. Shares in Agile Thrpe (NASDAQ:) rose to 52-week highs; up 31.85% or 0.43 to 1.78. Shares in Ceragon Networks Ltd (NASDAQ:) fell to 52-week lows; falling 35.47% or 1.050 to 1.910.

The , which measures the implied volatility of S&P 500 options, was up 4.31% to 12.83.

Gold Futures for December delivery was down 0.20% or 3.00 to $1508.95 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.09% or 0.05 to hit $56.58 a barrel, while the January Brent oil contract rose 0.73% or 0.45 to trade at $62.14 a barrel.

EUR/USD was up 0.02% to 1.1128, while USD/JPY rose 0.13% to 108.70.

The US Dollar Index Futures was up 0.32% at 97.347.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Japan stocks higher at close of trade; Nikkei 225 up 0.37% By Investing.com


Japan stocks higher at close of trade; Nikkei 225 up 0.37%

Investing.com – Japan stocks were higher after the close on Thursday, as gains in the , and sectors led shares higher.

At the close in Tokyo, the gained 0.37%.

The best performers of the session on the were Alps Electric Co., Ltd. (T:), which rose 8.72% or 188.0 points to trade at 2344.0 at the close. Meanwhile, Asahi Glass Co., Ltd. (T:) added 7.13% or 255.0 points to end at 3830.0 and Nippon Express Co., Ltd. (T:) was up 4.55% or 270.0 points to 6210.0 in late trade.

The worst performers of the session were CyberAgent Inc (T:), which fell 12.30% or 495.0 points to trade at 3530.0 at the close. Advantest Corp. (T:) declined 8.76% or 475.0 points to end at 4945.0 and Hitachi Ltd (T:) was down 5.01% or 214.5 points to 4069.5.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1783 to 1745 and 225 ended unchanged.

The , which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 15.49.

Crude oil for December delivery was up 0.54% or 0.30 to $55.36 a barrel. Elsewhere in commodities trading, Brent oil for delivery in January rose 0.56% or 0.34 to hit $60.58 a barrel, while the December Gold Futures contract rose 0.30% or 4.45 to trade at $1501.15 a troy ounce.

USD/JPY was down 0.18% to 108.64, while EUR/JPY fell 0.05% to 121.26.

The US Dollar Index Futures was down 0.31% at 97.135.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Japan stocks higher at close of trade; Nikkei 225 up 0.30% By Investing.com


© Reuters. Japan stocks higher at close of trade; Nikkei 225 up 0.30%

Investing.com – Japan stocks were higher after the close on Monday, as gains in the , and sectors led shares higher.

At the close in Tokyo, the gained 0.30% to hit a new 52-week high.

The best performers of the session on the were SUMCO Corp. (T:), which rose 5.33% or 97.0 points to trade at 1917.0 at the close. Meanwhile, Minebea Mitsumi Inc (T:) added 4.53% or 89.0 points to end at 2055.0 and Advantest Corp. (T:) was up 3.80% or 210.0 points to 5740.0 in late trade.

The worst performers of the session were Taisei Corp. (T:), which fell 3.20% or 140.0 points to trade at 4240.0 at the close. Tokio Marine Holdings, Inc. (T:) declined 2.84% or 163.0 points to end at 5586.0 and Shin-Etsu Chemical Co., Ltd. (T:) was down 2.75% or 335.0 points to 11855.0.

Rising stocks outnumbered declining ones on the Tokyo Stock Exchange by 1931 to 1587 and 254 ended unchanged.

Shares in SUMCO Corp. (T:) rose to 52-week highs; gaining 5.33% or 97.0 to 1917.0. Shares in Minebea Mitsumi Inc (T:) rose to 52-week highs; gaining 4.53% or 89.0 to 2055.0. Shares in Advantest Corp. (T:) rose to 5-year highs; rising 3.80% or 210.0 to 5740.0.

The , which measures the implied volatility of Nikkei 225 options, was unchanged 0.00% to 14.78 a new 3-months low.

Crude oil for December delivery was down 0.48% or 0.27 to $56.39 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 0.87% or 0.54 to hit $61.48 a barrel, while the December Gold Futures contract rose 0.31% or 4.65 to trade at $1509.95 a troy ounce.

USD/JPY was up 0.08% to 108.72, while EUR/JPY rose 0.15% to 120.56.

The US Dollar Index Futures was down 0.02% at 97.580.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.57% By Investing.com


© Reuters. U.S. stocks higher at close of trade; Dow Jones Industrial Average up 0.57%

Investing.com – U.S. stocks were higher after the close on Friday, as gains in the , and sectors led shares higher.

At the close in NYSE, the gained 0.57%, while the index added 0.41%, and the index added 0.70%.

The best performers of the session on the were Intel Corporation (NASDAQ:), which rose 8.10% or 4.23 points to trade at 56.46 at the close. Meanwhile, Caterpillar Inc (NYSE:) added 4.39% or 5.88 points to end at 139.73 and 3M Company (NYSE:) was up 2.59% or 4.20 points to 166.09 in late trade.

The worst performers of the session were Coca-Cola Company (NYSE:), which fell 1.57% or 0.86 points to trade at 53.75 at the close. Boeing Co (NYSE:) declined 1.37% or 4.72 points to end at 339.83 and Procter & Gamble Company (NYSE:) was down 1.23% or 1.54 points to 123.25.

The top performers on the S&P 500 were ResMed Inc (NYSE:) which rose 12.94% to 144.26, Mohawk Industries Inc (NYSE:) which was up 10.94% to settle at 144.13 and Intel Corporation (NASDAQ:) which gained 8.10% to close at 56.46.

The worst performers were Ventas Inc (NYSE:) which was down 8.93% to 66.00 in late trade, Edison International (NYSE:) which lost 8.51% to settle at 66.05 and Albemarle Corp (NYSE:) which was down 8.44% to 63.59 at the close.

The top performers on the NASDAQ Composite were Xunlei Ltd Adr (NASDAQ:) which rose 107.76% to 4.82, Reebonz Holding Ltd (NASDAQ:) which was up 47.73% to settle at 1.95 and Lianluo Smart Ltd (NASDAQ:) which gained 45.70% to close at 0.746.

The worst performers were BeyondSpring Inc (NASDAQ:) which was down 26.77% to 12.28 in late trade, Melinta Therapeutics Inc (NASDAQ:) which lost 23.34% to settle at 3.350 and Universal Logistics Holdings Inc (NASDAQ:) which was down 20.05% to 20.14 at the close.

Rising stocks outnumbered declining ones on the New York Stock Exchange by 1607 to 1215 and 125 ended unchanged; on the Nasdaq Stock Exchange, 1539 rose and 1061 declined, while 99 ended unchanged.

Shares in ResMed Inc (NYSE:) rose to all time highs; up 12.94% or 16.53 to 144.26. Shares in BeyondSpring Inc (NASDAQ:) fell to all time lows; falling 26.77% or 4.49 to 12.28.

The , which measures the implied volatility of S&P 500 options, was down 7.73% to 12.65 a new 1-month low.

Gold Futures for December delivery was up 0.16% or 2.45 to $1507.15 a troy ounce. Elsewhere in commodities trading, Crude oil for delivery in December rose 0.76% or 0.43 to hit $56.66 a barrel, while the December Brent oil contract rose 0.50% or 0.31 to trade at $61.98 a barrel.

EUR/USD was down 0.22% to 1.1080, while USD/JPY rose 0.05% to 108.66.

The US Dollar Index Futures was up 0.20% at 97.597.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Pound Slips as Johnson Calls for Election; Dollar Moves Higher on PMI Data By Investing.com


© Reuters.

Investing.com – The British pound slipped against the U.S. dollar on Friday in Asia after U.K. Prime Minister Boris Johnson said U.K. lawmakers should back an early Dec. 12 general election to get more time to scrutinize the Brexit deal, creating more uncertainties surrounding the country’s departure process.

The pair slipped 0.1% to 1.2842 by 12:05 AM ET (04:05 GMT).

EU officials will meet later in the day to decide how long they will extend Britain’s deadline for departing from the bloc.

Meanwhile, the that tracks the greenback against a basket of other currencies inched up 0.1% to 97.470.

The greenback was boosted after the Markit purchasing managers’ index came in higher than expected, at 51.5 compared to 51.1 in the prior month.

The data raised expectations that the Federal Reserve will cut borrowing costs for a third time this year even further.

The central bank’s policymakers will meet next week. U.S. President Donald Trump has pushed for even more rate cuts, pointing to falling interest rates at other central banks around the world.

“The Federal Reserve is derelict in its duties if it doesn’t lower the Rate and even, ideally, stimulate. Take a look around the World at our competitors. Germany and others are actually GETTING PAID to borrow money. Fed was way too fast to raise, and way too slow to cut!” the president tweeted.

The pair was unchanged at 1.1102 after the European Central Bank (ECB) left monetary policy unchanged on Thursday.

Outgoing ECB President Mario Draghi rejected criticism of his negative interest rate policy and his insistence on resuming outright purchases of government bonds from next month.

“The improvements in the economy have more than offset the negative side effects” on the financial system, Draghi said at his regular press conference.

He added that he wasn’t unduly concerned about the dissent regarding September’s multi-faceted package of easing measures, saying that all the key economic data from the euro zone in the course of the last month had justified the actions.

“I’ve taken this as part and parcel of the ongoing debate and discussions,” Draghi said.

The pair traded 0.04% higher at 108.64.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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Gold Prices Trade Higher as Markets Digest Brexit News By Investing.com


© Reuters.

Investing.com – Gold prices traded higher on Wednesday in Asia as markets digested the latest Brexit news.

U.S. rose 0.4% to $1,492.85 by 1:33 AM ET (05:33 GMT).

On Tuesday, U.K. lawmakers rejected the government’s proposed timetable for passing legislation to ratify Prime Minster Boris Johnson’s deal to depart from the EU.

Another Brexit delay is expected now after the parliamentary defeat, but analysts remain optimistic that the worst scenario, which is the U.K. leaving the bloc without a deal, may be avoided.

On the Sino-U. trade front, Chinese Vice Foreign Minister Le Yucheng said this week that Beijing and Washington have made some progress in trade talks, adding that as long as both sides respected each other, all problem were resolvable.

Some expect U.S. President Donald Trump and Chinese leader Xi Jinping to sign the first phase of a trade agreement at the Asia-Pacific Economic Cooperation summit in Chile in mid-November.

Unrest in Hong Kong also received some attention, after the Financial Times reported overnight that Beijing is considering replacing Hong Kong’s chief executive, Carrie Lam, by March.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.95% By Investing.com


© Reuters. Saudi Arabia stocks higher at close of trade; Tadawul All Share up 1.95%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the , and sectors led shares higher.

At the close in Saudi Arabia, the added 1.95%.

The best performers of the session on the were Saudi Enaya Cooperative Insurance (SE:), which rose 9.95% or 0.80 points to trade at 8.84 at the close. Meanwhile, Amana Cooperative Insurance Co (SE:) added 9.89% or 0.94 points to end at 10.44 and Allied Cooperative Insurance Group SJSC (SE:) was up 7.14% or 1.20 points to 18.00 in late trade.

The worst performers of the session were The Company for Coop. Insurance (SE:), which fell 2.61% or 1.90 points to trade at 71.00 at the close. Leejam Sports Company SJSC (SE:) declined 1.71% or 1.30 points to end at 74.80 and National Company for Learning and Education SJSC (SE:) was down 1.56% or 0.40 points to 25.30.

Rising stocks outnumbered declining ones on the Saudi Arabia Stock Exchange by 175 to 19 and 2 ended unchanged.

Crude oil for December delivery was unchanged 0.00% or 0.00 to $53.87 a barrel. Elsewhere in commodities trading, Brent oil for delivery in December fell 1.03% or 0.62 to hit $59.29 a barrel, while the December Gold Futures contract fell 0.33% or 4.95 to trade at $1493.35 a troy ounce.

EUR/SAR was up 0.44% to 4.1901, while USD/SAR rose 0.00% to 3.7508.

The US Dollar Index Futures was down 0.42% at 96.925.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.



Canadian home prices edge higher in September, led by Montreal By Reuters



TORONTO (Reuters) – Canadian home prices edged higher in September, paced by increases in Montreal, the province of Quebec’s most populous city, and the capital region of Ottawa-Gatineau, data showed on Friday.

The Teranet-National Bank Composite House Price Index, which measures changes for repeat sales of single-family homes, showed that prices rose 0.1% last month from August.

The gain was below the 21-year average of 0.2% for September but was the second straight month that the index was higher after correcting for seasonal pressure, said Marc Pinsonneault, a senior economist at National Bank of Canada.

The Bank of Canada said last month that activity in Canada’s housing market has recovered more quickly than expected, helped by lower mortgage rates.

The Montreal market rose 1%, while the index for Ottawa-Gatineau was up 0.8%. In contrast, Vancouver’s index fell 0.5%, the 14th straight month it was down, according to Pinsonneault.

Compared to the same month one year ago, the composite index gained 0.7%. That was much less than the rate of inflation but was the second straight month that the year-over-year increase accelerated, Pinsonneault said.

For Toronto, Canada’s most populous city, the year-over-year increase was 4%.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.