The TSX had 31 gainers versus 191 losers on October 12, 2023. Here are the day's top 3 performers. Find out more.
The S&P/TSX composite index gave up some of its gains from the past five days as investors hiked bets that theOn Oct. 12, the TSX closed down 0.83 per cent at 19,500.24 with most of the main sectors ending the day in the red with the exception of energy and consumer staples, which rose 0.31 per cent and 0.14 per cent, respectively.Among the losing sectors, utilities fell the most — 2.49 per cent — as bond yield rose on fears around interest rates. Materials lost 1.
October has been busy for Spin Master, best known for making Paw Patrol toys, the Rubik’s Cube and Gund teddy bears. Earlier this month, it announced an agreement for the global toy licence for Dora, the new reboot of the Dora the Explorer franchise coming next year. Analysts currently have nine buys, and no holds or sells on the stock, and an average 12-month price target of $52.11, according to Bloomberg, up from $49.11 on Oct. 11.Shares of oil and gas company International Petroleum, which are also listed on the Nasdaq Stockholm, have been on the rise all week after the company announced over the Thanksgiving weekend the repurchase of 263,500 common shares during the period of Oct. 2-6.
Analysts currently have eight buys, two holds and one sell on the stock, and an average 12-month price target of $41.10, according to Bloomberg.Postmedia is committed to maintaining a lively but civil forum for discussion and encourage all readers to share their views on our articles. Comments may take up to an hour for moderation before appearing on the site. We ask you to keep your comments relevant and respectful.
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