immigrantscanada.com

Independent topical source of current affairs, opinion and issues, featuring stories making news in Canada from immigrants, newcomers, minorities & ethnic communities' point of view and interests.

Mining Stocks: Fairfax Financial

Fairfax Financial: The S P/TSX composite index rose 24.27 points to 13,361.73 led by gains in beaten-down mining stocks, according to The Star. BlackBerry shares tumbled $1.34 or 16.56 per cent to $6.75, its lowest level in a decade, after Fairfax Financial said it will lead a group that will inject $1 billion U.S. into the smartphone company. BlackBerry will stay as a public company and The Toronto stock market registered a minor gain Monday amid a huge plunge in BlackBerry shares after its largest shareholder said it wont be taking the tech company private. U.S. indexes also racked up small gains as traders hoped that a heavy slate of economic data coming out this week will offer some clues about when the Federal Reserve will start to wind up stimulus that has supported a strong rally on stock markets. (www.immigrantscanada.com). As reported in the news.