Weekly Summary - QIS Blog - August 31, 2018 - August 31st 2018
Weekly Summary - QIS Blog - August 31, 2018
A couple of QIS Capital Feature Companies have released financial results towards the end of August, so we will be preparing QIS Update #14 soon to be sent out to subscribers offering a recap of the latest news and numbers.
We are always looking for new investment ideas and are open to researching any promising companies discussed in this forum or presented to us via email or phone call. As always, we have a preference for those stocks which are fundamentally sound, undervalued and underfollowed.
Deer Horn Capital (DHC:CSE) closes final tranche of private placement.
Newlox Gold Ventures (LUX:CSE) files financial statements for quarter ended June 30, 2018.
NTG Clarity Networks (NCI:TSX-V) reports second quarter financial results.
The most recent email update issued by QIS Capital was sent out to subscribers on August 16, 2018. QIS Update #13 included the most recent pieces of news from Deer Horn Capital (DHC:CSE) and Newlox Gold Ventures (LUX:CSE), while a quick corporate update on NTG Clarity Networks (NCI:TSX-V) is also provided.
To receive QIS Capital’s email updates directly in your inbox as they are issued, please sign up at: http://www.smallcaps.ca/investor_signup. We typically send out 10-15 email updates per year.
It was a down week for the TSX Composite Index, while the Dow Jones and TSX Venture Index both posted gains. Since hitting its 52-week low of 665.35 points back on August 15, the S&P TSX Venture Composite Index has posted gains in 11 of the past 12 trading days. This past week, the TSX Venture Index added a combined 13.34 points to close on Friday at 724.71. In taking a look at Canada's most followed index, the S&P TSX Composite Index posted a loss for the week, in large part due to a 108 point loss on Friday. The TSX Composite lost a total of 93.17 points during the week and closed on Friday at 16,262.88 points. South of the border, the Dow Jones Industrial Average posted a 259 point gain on Monday, which held up throughout the week to result in an overall gain of 174.47 points. The Dow Jones closed on Friday at 25,964.82 points.
Loonie could jump up to 82 cents US if trade talks are successful, says economist
Trump slams Canada's 'decades of abuse' after NAFTA talks stall
Trudeau committed to building Trans Mountain despite new legal challenges
Foreign investment in Canada holds steady despite trade uncertainty
The Week Ahead: Bank of Canada decision; jobs data