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The Canadian Press if! May 23, 4: May 23, 5: A man walks past a building in Toronto that used to house the Toronto Stock Exchange on Thursday, August 18 Canada's main stock index eked out a moderate gain Tuesday as financial stocks got a boost ahead of Canadian bank earnings this week. But it was financials that were the session's most influential gainers, one day before the Bank of Montreal releases its second-quarter results to kick off the latest reporting season for the big banks.
Investors will be closely watching the bank results, particularly for any insight on the state of the Canadian housing market. At least now there is a resumption in growth in earnings that could help the company. The former smartphone maker exited the hardware business last year to focus on its software division.
Jerusalim said investors are most optimistic about BlackBerry's QNX system, which provides software in vehicles. In currencies, the Canadian dollar was up 0. It's highly anticipated that central bank governor Stephen Poloz will keep the key benchmark rate at 0. South of the border, New York indexes were higher for a fourth straight session as the Dow Jones industrial average advanced It appears investors weren't fazed by the deadly bombing Monday at an Ariana Grande concert in Manchester, England that killed 22 people, Jerusalim said.
John Sotos is counsel to the plaintiff in a class-action lawsuit filed by franchisees against the corporate parent of Tim Hortons.
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Toronto stock index climbs on banks, industrials - Business - CBC News
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