Markets

Market Update

Foreign Markets Update

TSX Sector Watch

Most Actives

New Listings – TSX

New Listings – TSX-Venture

Currencies

Asia Ahead Despite Trump Nixing Stimulus

Asia-Pacific stocks mostly advanced on Wednesday as U.S. President Donald Trump called off stimulus negotiations till after the November election.

In Japan, the Nikkei 225 let go of 10.91 points, or 0.1%, to 23,422.82.

The Japanese yen traded at 105.72 per U.S. dollar, off levels around 105 against the greenback seen last week.

The Hang Seng Index leaped 262.21 points, or 1.1%, to 24.242.86,

The moves came as investors reacted to Trump’s move to halt stimulus talks.

The U.S. president tweeted Tuesday: "I have instructed my representatives to stop negotiating until after the election when, immediately after I win, we will pass a major Stimulus Bill that focuses on hardworking Americans and Small Business."

The Australian dollar changed hands at $0.714 after seeing levels above $0.715 yesterday.

In other markets

Markets in mainland China remained shuttered for holiday.

In Singapore, the Straits Times Index added 9.1 points, or 0.4%, to 2,538.36.

In Korea, the Kospi gained 21.04 points, or 0.9%, to 2,386.94.

In Taiwan, the Taiex index acquired 42.14 points, or 0.3%, to 12,746.37.

In New Zealand, the NZX 50 moved forward 41.13 points, or 0.3%, to 12,016.15.

In Australia, the ASX 200 gathered 74.31 points, or 1.3%, to 6,036.38.