Volume Leaders
Symbol Name Last Trade Change Volume Related Info ELR.TO EASTERN PLATINUM LIMITED 1.63 0.03 (1.81%) 15,017,045 Chart, Profile, More XIU.TO iShares S&P/TSX 60 Index 19.35 0.04 (0.21%) 9,558,357 Chart, Profile, More HNU.TO Horizons BetaPro NYMEX Natural 6.36 0.50 (7.29%) 9,040,058 Chart, Profile, More BBD-B.TO BOMBARDIER INC., CL. B, SV 5.75 0.04 (0.69%) 8,275,798 Chart, Profile, More CEE.TO CENTAMIN EGYPT LIMITED 2.10 0.05 (2.33%) 7,082,897 Chart, Profile, More UUU.TO URANIUM ONE INC. 5.85 0.09 (1.52%) 6,402,201 Chart, Profile, More HND.TO Horizons BetaPro NYMEX Natural 8.33 0.56 (7.21%) 6,328,560 Chart, Profile, More AC-B.TO AIR CANADA, CL.B 3.30 0.14 (4.43%) 6,276,107 Chart, Profile, More BTO.TO B2GOLD CORP. 2.36 0.03 (1.26%) 5,599,136 Chart, Profile, More EQN.TO EQUINOX MINERALS LIMITED 6.02 0.03 (0.50%) 5,531,101 Chart, Profile, More CLM.TO CONS. THOMPSON IRON MINES LTD. 17.26 0.03 (0.17%) 5,446,380 Chart, Profile, More RY.TO ROYAL BANK OF CANADA 53.46 0.56 (1.06%) 5,176,474 Chart, Profile, More AEI.TO ARSENAL ENERGY INC. 0.96 0.02 (2.13%) 4,473,170 Chart, Profile, More HOU.TO Horizons BetaPro NYMEX Crude O 6.62 0.32 (4.61%) 4,466,929 Chart, Profile, More K.TO KINROSS GOLD CORP. 16.61 0.48 (2.81%) 4,301,329 Chart, More TBE.TO TWIN BUTTE ENERGY LTD. 2.65 0.02 (0.76%) 4,260,884 Chart, Profile, More ABX.TO BARRICK GOLD CORPORATION 46.02 1.57 (3.30%) 4,072,534 Chart, Profile, More WIN.TO WI-LAN INC 6.77 0.13 (1.96%) 3,957,197 Chart, Profile, More SU.TO SUNCOR ENERGY INC. 38.55 0.55 (1.41%) 3,931,020 Chart, Profile, More YRI.TO YAMANA GOLD INC 11.23 0.27 (2.35%) 3,640,048 Chart, Profile, More LUN.TO LUNDIN MINING CORP. 7.36 0.00 (0.00%) 3,582,085 Chart, Profile, More QUX.TO QUADRA FNX MINING LTD. 13.85 0.03 (0.22%) 3,323,932 Chart, Profile, More AVR.TO AVION GOLD CORP 1.59 0.00 (0.00%) 3,259,625 Chart, More G.TO GOLDCORP INC 40.41 0.80 (1.94%) 3,131,377 Chart, Profile, More SC.TO SHOPPERS DRUG MART CORPORATION 37.19 1.99 (5.08%) 2,995,369 Chart, Profile, More
Thursday, January 27, 2011
TSX Volume Leaders On A Red Day
Wednesday, January 26, 2011
USA retail rebounded in 4th Q 2010
NEW YORK (CNNMoney) -- American consumers are finally opening their wallets again, according to an exclusive CNNMoney survey, raising hopes that the long-suffering economy could get a boost. The survey of 27 leading economists forecasts that personal consumption, a measure of consumer spending, jumped by 4% in the fourth quarter. If that forecast is correct, it will be the strongest increase in that key reading since 2006. "Those who were employed during the recession were often afraid of spending due to fears of losing their jobs," said Jharonne Martis-Olivo, director of consumer research for Thomson Reuters. "I do think they opened up during the fourth quarter." The bullish outlook for consumer spending is the reason why economists now forecast that Friday's reading on gross domestic product, the government's main measure of the economy's strength, grew at a 3.5% annual rate in the fourth quarter -- a significant increase from a 2.6% rise in the previous quarter. "You won't see this kind of pop every quarter -- we're not going to have Christmas again in the first quarter. But the worst is over," said David Wyss, chief economist at Standard & Poor's. "I think there has been a corner turned here." The spending improvements are broad-based, including a strong holiday shopping season and a rebound in demand for new cars. Consumers finally bought big-ticket items that they had held off on during the recession, with Thomson-Reuters forecasting a 24% annual rise in spending for such purchases. "There was a big release of pent-up demand in the fourth quarter that has been building up for a couple of years, at least," said George Mokrzan, senior economist, Huntington National Bank, who is forecasting that personal consumption jumped by 4.5% in the period. He expects the gains in consumer spending to continue throughout 2011 as employers add more workers to meet increased demand, and workers benefit from the partial holiday in payroll taxes and greater credit availability. Improvements in the stock market have also helped give consumers more confidence, reducing the drive to choose saving over spending. The savings rate, which had climbed to 7.2% in early 2009, had fallen to near 5% by the end of 2010. "People got bored with being frugal. It's much more fun to go out there and spend money," said Wyss. The 3.5% growth forecast for GDP is solid but not spectacular -- the economy grew at a faster rate at the end of 2009 and the start of 2010. But those gains came with little help from consumers, driven instead by government stimulus spending and a restocking of business inventories that had been slashed during the recession -- what Robert Brusca of FAO Economics calls a sugar rush. "This growth isn't a sugar rush. It's protein," he said of the current strength of the recovery. His prediction for personal consumption is the most bullish -- up 4.7% -- even though he's expecting a more modest 3.8% gain in overall GDP. "There are all kinds of little indicators like this that suggest people who have jobs are more secure and starting to spend," Brusca said.Consumer rebound: No 'sugar rush' - it's 'protein'
By Chris Isidore, senior writer