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Market Open: TSX Tips Up on Tails Of RBC Strong Results |  Thursday, Feb 27, 2025

Lyndsay Malchuk Lyndsay Malchuk, The Market Online
0 Comments| February 27, 2025

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Canada’s leading lender, Royal Bank has reported a strong quarterly result tipping Toronto’s stock index up this morning, while investors see positive momentum with US markets

Market Numbers: (Futures)

TSX : UP (0.40%) 25,429.684
TSXV: Up (2.15%) 629.86
DOW: UP (0.25%) 43,615.00
NASDAQ: Up (0.79%) 21,353.00
FTSE: Up (0.31%) 8,758.71

In the Headlines

Royal Bank of Canada reported a first-quarter profit of $5.13 billion, up from $3.58 billion in the same quarter last year, helped by growth across its business and its acquisition of HSBC Bank

And in an exciting take back story, The founders of Ben & Jerry’s have expressed interest in buying back their namesake ice cream brand from Unilever.

Currencies Update: (Futures)

The Canadian dollar is down 0.13% to $.6956 U.S., alsodown0.05% to $0.6644 against the Euro.
Bitcoin deletes 1.98% to 124,781.13

Commodities: (Future)

Natural Gas: Up (1.71%), 3.93
WTI: Up (0.81%), 69.39
Gold: Down (1.06%), 2,885.66
Copper: Up (0.21%) 6.15

To stay up-to-date on all of your market news head to stockhouse.com

Join the discussion: Find out what everybody’s saying check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here



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