TORONTO - The Toronto stock market
looked set to open little changed amid a volatile morning on financial
markets after the Swiss central bank surprised markets by scrapping a
policy that limited how much the euro could fall against the Swiss
franc.
The Canadian dollar was caught up in the ensuing gyrations on markets, jumping 0.73 of a cent to 84.45 cents US.
Stocks to watch include BlackBerry (TSX:BB) (Nasdaq:BBRY), likely in for a sharp drop after the device maker and smartphone company Samsung poured cold water on a report that Samsung wants to make a $7.5 billion takeover offer for the struggling Canadian company. BlackBerry surged 29 per cent late Wednesday after Reuter reported that Samsung has recently made overtures to buy BlackBerry. BlackBerry shares were down 15 per cent in pre-market trading in New York.
Read more Click Here / www.trade4x.net
The Canadian dollar was caught up in the ensuing gyrations on markets, jumping 0.73 of a cent to 84.45 cents US.
Stocks to watch include BlackBerry (TSX:BB) (Nasdaq:BBRY), likely in for a sharp drop after the device maker and smartphone company Samsung poured cold water on a report that Samsung wants to make a $7.5 billion takeover offer for the struggling Canadian company. BlackBerry surged 29 per cent late Wednesday after Reuter reported that Samsung has recently made overtures to buy BlackBerry. BlackBerry shares were down 15 per cent in pre-market trading in New York.
Read more Click Here / www.trade4x.net
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