Business
TSX goes south
TSX goes south
About this update from Helix Biopharma Corp.
[{"type":"text","content":"\nTSX goes south\n\nGreek situation works way into picture\n Mar. 22, 2010 (Baystreet.ca) -- Bay Street stocks may continue to shed gains Monday morning on renewed worries over Greece debt-situation and amid falling commodities prices. \n\nThe S&P/TSX Composite Index began the day and week behind 63.48 points to 11,884.50. \n\nFriday's inflation data also raised speculation that the Bank of Canada might hike rates sooner than expected. A surprise interest rate hike by India late Friday, after two years, also fanned the speculation.\n\nEnergy stocks may be in play on falling oil prices. Earlier in the European market, Royal Dutch Shell shed over 1% after agreeing to buy Arrow Energy fro $3.2 billion from PetroChina. \n\nHealth-care stocks may also be in focus after the U.S. House of Representatives voted late on Sunday to enact a package of health reforms.\n\nMerchant banking company Pinetree Capital announced that it acquired ownership of 1.5 million common shares and 1.5 million common share purchase warrants of Kirrin Resources Inc.\n\nGold mining company Mundoro Capital posted full-year net loss of $0.12 per share, wider than $0.03 per share in the prior year period.\n\nGold exploring company Nevada Exploration said that its Board has approved the steps necessary to amalgamate with its subsidiary 2107189 Ontario Inc. \n\nRenewable energy products company Cleanfield Alternative Energy announced on Friday that it completed non-brokered private placement of $230,000.\n\nBio pharmaceutical company Helix BioPharma said it has achieved last-patient-out in its Phase II trial of Topical Interferon Alpha-2b for the treatment of ano-genital warts. \n\nMineral explorer Bolero Resources has entered into an option agreement to acquire 100% interest in the Carbonatite Syndicate Rare Earth Claim Group, surrounding Spectrum Mining Corporation's recently reported "Wicheeda" rare earth discovery.\n\nWith no major economic news on tap today, movements in the prices of commodities will likely to guide trading in the resource heavy Bay Street.\n\nThe Canadian dollar was down 0.49 cents to 97.81 cents U.S. \n\nON BAYSTREET \n\nThe 14 TSX subgroups were split between gainers and losers. Health-care led the former group, picking up 0.8%, followed by real-estate, up 0.4%, and information technology, ahead 0.3%. \n\nThe laggards were weighed...