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Peak US autos may not mean peak Canadian auto-parts stocks

It’s hard to be a Canadian auto-parts bull when US car sales are falling, Nafta negotiations are about to start and the loonie is rising, but there are reasons for investors to hold their nerve. No subsector of the S&P/TSX Composite Index has generated more consistent outperformance when bond yields are rising, according to Matt Barasch, Canadian equity strategist at ...

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Why big auto is fast going the way of the dinosaurs

Once upon a time, the battle for the crown of world’s biggest automaker was a one-horse race. Since overtaking Ford Motor Co.’s sales in 1931—not that long after the last Model T rolled off the production line—General Motors Co. was the undisputed global market leader for the best part of eight decades. In 2008, Toyota Motor Corp. pulled ahead, before ...

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Saudi, Egypt outperform in weak region

DUBAI / Reuters Saudi Arabia’s stock market edged up on the back of modest gains in the banking sector on Sunday while Egypt imitated world markets’ strong finish at the end of last week. Most other Middle Eastern bourses fell. The Riyadh index added 0.1 percent, remaining near a six-week low, as Samba Financial Group jumped 3.4 percent after its ...

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