It has been reported that at the end of the session, TSX has finally ended up in negative territory having retreated from the high it had early on. The stock markets in Canada had trimmed the weekly gains on Friday and the index of S&P/TSX Composite fell deep down after having an advance of about 77 points in the beginning.
The trading volume was pushed to its highest level ever since the month of December in the year 2008. The weekly gain of S&P/TSX was reported to be 4.1% and it is an interesting fact that it had fallen from the previous 11.62% that was prevalent on Friday.
It was also reported that Fortress Paper, which is based in North Vancouver, surged towards huge high of about $35.99. The interesting fact is that this leap in points was achieved when there was just one minute left for the session to end.
The shares had risen by about 1.7%. It has started at about 84 cents and then it had finally settled at a gain of about 58 cents. It was also reported that the financial shares had fallen with a huge drop in the confidence of the consumers in the United States.