MARKET SUMMARY— September provided another weak showing for global equities as Canadian equity market continued trending lower. The broad based S&P/TSX Composite index lost another 3.67% on a total return basis for the month. Smaller capitalization stocks were hammered as the TSX Venture plunged, taking back 6.16% from investors over the same period. On a more encouraging note, a solid rebound in June and July’s GDP data may indicate suitable improvement for the Canadian economy which seems to have come out of the so-called technical recession.
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