Dominion Lending Centres Clearlease Reports Toronto Stock Exchange (TSX) relief rally snaps 7-day decline

Dominion Lending Centres Clearlease Reports Toronto Stock Exchange (TSX) relief rally snaps 7-day decline

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Toronto’s main stock index bounced back on Thursday June 9, 2011 from a seven-day fall as some positive U.S. economic data and higher commodity prices prompted investors to pick up worn-down shares.

Data that showed record-high U.S. exports and a smaller trade deficit in April eased fears about a stalled U.S. economic recovery that had weighed on the market for days.

The data helped economically sensitive financial stocks rise 0.4 percent. Among them, Royal Bank of Canada was the index’s second most heavily weighted gainer, rising 0.9 percent to C$54.86.

Resource shares led the advance, with the index’s materials group up 1.5 percent and the energy group up 0.3 percent as U.S. crude futures and gold prices marched higher.

Corn futures also hit a record high, spurring a rally in fertilizer shares. Potash Corp was the most influential climber on the index, jumping 3.4 percent to C$53.98, while Agrium Inc rose 2.6 percent to C$82.49.

“We’re seeing some buyers coming back into the market and nibbling a little bit,” said David Cockfield, senior vice president and portfolio manager at MacNicol and Associates Asset Management.

“Let’s face it, these stocks got fairly significantly beaten up over the last little while.”

The Toronto Stock Exchange’s S&P/TSX composite index <.GSPTSE> ended up 71.95 points, or 0.55 percent, at 13,255.74. Eight of the 10 main sectors were higher.

It lost about 5 percent of its value in the seven sessions leading into Thursday.

Cockfield noted the index is currently holding with significant support above the 40-week and 50-week moving averages.

Sino-Forest rose for a second day, gaining 4.7 percent to C$5.15 and lifted by speculative buying and short-covering following a short-seller’s damning report last week that crushed the Chinese forest plantation company’s stock.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Toronto Stock Exchange (TSX) relief rally snaps 7-day decline

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Toronto’s main stock index bounced back on Thursday June 9, 2011 from a seven-day fall as some positive U.S. economic data and higher commodity prices prompted investors to pick up worn-down shares.

Data that showed record-high U.S. exports and a smaller trade deficit in April eased fears about a stalled U.S. economic recovery that had weighed on the market for days.

The data helped economically sensitive financial stocks rise 0.4 percent. Among them, Royal Bank of Canada was the index’s second most heavily weighted gainer, rising 0.9 percent to C$54.86.

Resource shares led the advance, with the index’s materials group up 1.5 percent and the energy group up 0.3 percent as U.S. crude futures and gold prices marched higher.

Corn futures also hit a record high, spurring a rally in fertilizer shares. Potash Corp was the most influential climber on the index, jumping 3.4 percent to C$53.98, while Agrium Inc rose 2.6 percent to C$82.49.

“We’re seeing some buyers coming back into the market and nibbling a little bit,” said David Cockfield, senior vice president and portfolio manager at MacNicol and Associates Asset Management.

“Let’s face it, these stocks got fairly significantly beaten up over the last little while.”

The Toronto Stock Exchange’s S&P/TSX composite index <.GSPTSE> ended up 71.95 points, or 0.55 percent, at 13,255.74. Eight of the 10 main sectors were higher.

It lost about 5 percent of its value in the seven sessions leading into Thursday.

Cockfield noted the index is currently holding with significant support above the 40-week and 50-week moving averages.

Sino-Forest rose for a second day, gaining 4.7 percent to C$5.15 and lifted by speculative buying and short-covering following a short-seller’s damning report last week that crushed the Chinese forest plantation company’s stock.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk


Dominion Lending Centres Clearlease Reports Toronto Stock Exchange (TSX) relief rally snaps 7-day decline

VANCOUVER, BC (June 9, 2011) Dominion Lending Centres Clearlease Reports Toronto’s main stock index bounced back on Thursday June 9, 2011 from a seven-day fall as some positive U.S. economic data and higher commodity prices prompted investors to pick up worn-down shares.

Data that showed record-high U.S. exports and a smaller trade deficit in April eased fears about a stalled U.S. economic recovery that had weighed on the market for days.

The data helped economically sensitive financial stocks rise 0.4 percent. Among them, Royal Bank of Canada was the index’s second most heavily weighted gainer, rising 0.9 percent to C$54.86.

Resource shares led the advance, with the index’s materials group up 1.5 percent and the energy group up 0.3 percent as U.S. crude futures and gold prices marched higher.

Corn futures also hit a record high, spurring a rally in fertilizer shares. Potash Corp was the most influential climber on the index, jumping 3.4 percent to C$53.98, while Agrium Inc rose 2.6 percent to C$82.49.

“We’re seeing some buyers coming back into the market and nibbling a little bit,” said David Cockfield, senior vice president and portfolio manager at MacNicol and Associates Asset Management.

“Let’s face it, these stocks got fairly significantly beaten up over the last little while.”

The Toronto Stock Exchange’s S&P/TSX composite index <.GSPTSE> ended up 71.95 points, or 0.55 percent, at 13,255.74. Eight of the 10 main sectors were higher.

It lost about 5 percent of its value in the seven sessions leading into Thursday.

Cockfield noted the index is currently holding with significant support above the 40-week and 50-week moving averages.

Sino-Forest rose for a second day, gaining 4.7 percent to C$5.15 and lifted by speculative buying and short-covering following a short-seller’s damning report last week that crushed the Chinese forest plantation company’s stock.

Dominion Lending Centres Clearlease Video Link: http://youtu.be/f_kk7WJa7Uk

For more information please visit us at: http://www.clearlease.com/Career-Opportunities.html

About Dominion Lending Centres Clearlease

Dominion Lending Centres Clearlease Commercial (DLC Clearlease/Clearlease.com) is a fully diversified Lease Finance Mortgage Banking Brokerage Company specializing in Equipment Leasing, Automobile Leasing, Residential, Commercial Lending/Mortgage Financing. DLC Clearlease possesses the capability to accommodate financing needs ranging from a small second Home Mortgage to a Multi-Million Dollar Commercial Projects. No mortgage is too small or too large for this integrated Company.

Equipment Lease Financing in Vancouver, Surrey, Delta, Richmond, Langley, New Westminster, North Vancouer, West Vancouver, B.C. Also offering Automobile Lease Financing and Mortgage information. Founded by the Pidgeon brothers.

You may have recently seen a Dominion Lending advertisement on such media outlets as: Global News, CTV News, CBC Television, Rogers Sportsnet or possibly heard the great Don Cherry, a Canadian Sports legend, discuss Dominion Lending Centres.

Contact DLC Clearlease.com:

Dominion Lending Centres Clearlease
HEAD OFFICE, Bentall Two, Suite 900, 555 Burrard Street, Vancouver, BC, V7X 1M8, CANADA.
Mr. Alexander Pidgeon, Editor in Chief
Tel: (604) 696-1221 ext. 199
eMail: clearlease@gmail.com
Website: http://www.clearlease.com
News: http://clearlease.com/category/equipment-lease-blog/feed/rss
Twitter: @clearlease

###

Video Link: http://youtu.be/f_kk7WJa7Uk




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