BNN Bloomberg – Canada Business News, TSX Today & Interest Rates (2024)

FAQs

What is the market forecast for TSX? ›

The Canada Stock Market Index (TSX) is expected to trade at 21963.12 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 21187.38 in 12 months time.

BNN Bloomberg (formerly Business News Network and Report on Business Television) is a Canadian English language discretionary specialty channel owned by Bell Media. It broadcasts programming related to business and financial news and analysis.

Live streaming of BNN Bloomberg and Bloomberg Television is still available. Where can I find the news? Easily find the news you're looking for by ordering your searches by newest or most relevant results. Popular Searches show trending topics among BNN Bloomberg users.

The median prediction of 20 portfolio managers and strategists in the Aug. 8-20 poll was for the S&P/TSX Composite index (.GSPTSE) , opens new tab to advance 2.7% to 23,750 by end 2024, eclipsing the 22,500 expected in a May poll.

The long-term annual rate of return on the S&P/TSX Composite Index (TSX) was 9.3% per year between 1960 and 2020. 1 We expect average returns for Canadian equities to be in the range of 6.0% to 7.5% and average returns for long-term fixed-income investments to be in the range of 3.0% to 3.5% over the long term.

Having replaced the TSE 300 Composite Index on May 1, 2002, as of September 20, 2021 the S&P/TSX Composite Index comprises 237 of the 3,451 companies listed on the TSX. The index reached an all-time closing high of 22,185.25 on April 1, 2024 and an intraday record high of 22,220.91 on March 28, 2024.

If you look at the TSX Composite Index ¹, over the 50 year period from November 30, 1971 to November 20, 2021, the average annualized return was 7.94%.

BNN Breaking was a news website based in Hong Kong, launched in 2022 by Indian-American entrepreneur Gurbaksh Chahal. It was criticized for posting a number of misleading and inaccurate news stories, using AI-driven content aggregation.

What is the Canadian version of Bloomberg? ›

BNN Bloomberg is Canada's definitive source for business news, and the only television, radio, and digital service dedicated exclusively to helping Canadians invest and build their businesses.

BNN Bloomberg is a partnership between Bell Media and Bloomberg Media.

You can stream Bloomberg TV live for free for up to 30 minutes a day from Bloomberg.com and our mobile and tablet apps.

Visitors have access to a limited number of complimentary articles each month on Bloomberg.com, and Bloomberg's flagship mobile and tablet apps. Your free, limited access resets at the beginning of each calendar month. You can reread an article as many times as you like.

Average Price Target

Based on 7 Wall Street analysts offering 12 month price targets for WELL Health Technologies Corp in the last 3 months. The average price target is C$7.18 with a high forecast of C$10.00 and a low forecast of C$4.75.

The average price target is C$24.64 with a high forecast of C$26.95 and a low forecast of C$22.96.

The average price target is C$90.56 with a high forecast of C$120.15 and a low forecast of C$72.86. The average price target represents a 15.69% change from the last price of C$78.28.

The average price target for Enbridge Inc is C$55.06. This is based on 9 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is C$59.07 ,the lowest forecast is C$50.06. The average price target represents 2.73% Increase from the current price of C$53.6.