World equity markets continued their intermediate uptrend last week. Strength was recorded despite recent concerns including an earnings recession by major U.S. companies until the first quarter next year, growing efforts by the Democrats to impeach Donald Trump and growing Middle East and Hong Kong tensions. Seasonal influences remain positive for most equity markets until the end of the first we...Read More
The S&P/TSX Venture Composite Index climbed 2.69% to 563.58 and spot gold rose to US$1,510.80 per oz. - a US$32.40 per oz. (2.19%) gain.Shares of Aurania Resources were up 69 ? to $4.24. The company recently hired Gregor Borg, an independent specialist and expert on sedimentary-hosted copper deposits to assess its Lost Cities-Cutucu project in Ecuador. The professor "observed that in his wide-rang...Read More
The S&P 500 Index rose 0.58% to 3,240.02, making 2019 the best year for stocks on the S&P 500 since 1997. The Dow Jones Industrial Average gained 0.67% to 28,645.26 and spot gold hit US$1,510.80 per oz., a 2.19% weekly gain.Vale was the most traded stock and fell US5 ? to US$13.22. The company announced a deal to sell its 25% stake in the Chinese company Henan Longyu Energy Resources to the Yongme...Read More
The S&P/TSX Composite Index rose 0.29% to finish at 17,168.20. The S&P/TSX Global Mining Index jumped 3.18% to 82.52, and the S&P/TSX Global Base Metals Index gained 1.03% to 110.16. Spot gold climbed US$32.40 per oz., or 2.19%, to US$1,510.80 per ounce.Shares of Kirkland Lake Gold advanced $3.13 to $56.72 per share. The company filed its management circular in connection with its bid to acquire D...Read More
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