Canada Shares End Higher
Canada's benchmark TSE 300 closed up 79.2 points to 7,835.90. The U.S.$5 surge in gold was certainly a support as was the continued rally in the oil patch. A 74-point rally in the Dow Jones Industrial Average also was a support. Of the 14 subindices, 10 closed up -- led by the Financials and Golds. Pipelines led the other four subindices lower. Standard & Poor's Marketscope says to look for a quiet day Thursday with the Jewish passover holiday and ahead of the Easter long weekend.
European stocks ended mixed, but mostly lower amid a holiday-shortened week. In London, the Financial Times-Stock Exchange 100 index finished up by 19.20 points, or 0.37%, to 5,214.70. In France, the CAC 40 lost 4.87 points, or 0.11%, to 4,623.20. In Germany, the DAX Index slipped 42.59 points, or 0.79%, to 5,348.00.
Asia markets ended higher following Tuesday's encouraging economic data in the U.S. In Japan, the benchmark Nikkei 225 index jumped 115.76 points, or 1.03%, to 11,323.68. The Nikkei broke a four-session losing streak. Hong Kong's Hang Seng index added 200.96 points, or 1.86%, to 10,987.88.