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CANADA STOCKS-TSX rises as resources lead; oil shares dip

Published 2015-11-04, 10:52 a/m
© Reuters.  CANADA STOCKS-TSX rises as resources lead; oil shares dip
WPM
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HG
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LCO
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CL
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GLEN
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0P6E
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GIBa
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* TSX up 46.1 points, or 0.34 percent, to 13,756.41
* All of the TSX's 10 main groups rise

TORONTO, Nov 4 (Reuters) - Canada's main stock index rose on
Wednesday, looking to extend a rally into a third day, even as
heavyweight energy stocks dipped while technology company CGI
Group Inc GIBa.TO touched its highest since May.
CGI Group was last up 3.1 percent at C$52.38 and earlier
broke above C$54, its best since May 20.
The most influential movers on the index included Silver
Wheaton Corp SLW.TO , jumping 3.6 percent to C$18.50 after
reaching a deal to buy future silver output from Glencore (L:GLEN) Plc.
First Quantum Minerals Ltd FM.TO advanced 6.8 percent to
C$7.87 and the overall materials group climbed 1.0 percent.
Copper prices rose 1 percent to $5,177.5 a tonne.
At 10:51 a.m. EST (1551 GMT), the Toronto Stock Exchange's
S&P/TSX composite index .GSPTSE was up 46.1 points, or 0.34
percent, to 13,756.41.
Advancing issues outnumbered decliners by 154 to 83, for a
1.86-to-1 ratio on the upside.
Nine of the index's 10 main groups were in positive
territory, with the energy group off 0.2 percent, continuing its
recent trend of breaking with oil price movements.
U.S. crude CLc1 prices were down 1.8 percent to $47.03 a
barrel, while Brent LCOc1 lost 2.2 percent to $59.43.

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