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Stocks Hang onto Gains


The S&P/TSX Composite hung onto gains of 32.29 points to close Tuesday at 18,492.50.
The Canadian dollar slid 0.31 cents to 78.82 cents U.S.
Gold weighed things down, with IAMGOLD Corporation fading 19 cents, or 4.3%, to $4.26, while Kinross Gold dumped 39 cents, or 4.2%, to $8.96.
Among other resources, Agnico Eagle Mines slumped $3.67, or 4.3%, to $81.04, and Osisko Mining off 10 cents, or 3.1%, to $3.09.
Consumer staples also took their bruises, with Primo Water down 40 cents, or 1.8%, to $21.74, and Premium Brands Holdings slipping $1.85, or 1.7%, to $104.78.
As mentioned, cannabis led health-care issues out of the gully, with Aphria climbing $5.83, or 27.1%, to $27.38, while Aurora Cannabis gained $1.95, or 12.4%, to $17.75.
In energy stocks, Vermilion Energy took on 49 cents, or 7.2%, to $7.34, while MEG Energy gathered 29 cents, or 5.2%, to $5.89. ....

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Welcome To IANS Live - BUSINESS - India markets upgraded, China downgraded: Credit Suisse

Welcome To IANS Live - BUSINESS - India markets upgraded, China downgraded: Credit Suisse
ianslive.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ianslive.in Daily Mail and Mail on Sunday newspapers.

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Hungary: Double-dip avoided


(MENAFN - ING) The data
While expectations hadn t been particularly high for fourth quarter economic activity in 2020, some positive momentum had emerged in recent weeks following speeches by Prime Minister Viktor Orbán, who suggested the economy could contract by 5.1% to 5.2% in 2020 as a whole, meaning borderline growth in the fourth quarter on a quarterly basis.
As we now know from the first estimate of fourth quarter GDP growth, the Hungarian economy far surpassed this. GDP growth came in at 1.1% QoQ. With that, a double dip has been avoided and Hungary performed much better than the EU (-0.4%) and the eurozone (-0.6%), continuing the catch-up even in a recession year. Hungarian GDP growth ....

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