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CANADA STOCKS - TSX rises 0.31 percent, led by MEG Energy

Published 2018-08-22, 04:10 p/m
© Reuters.  CANADA STOCKS - TSX rises 0.31 percent, led by MEG Energy
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SAN FRANCISCO, Aug 22 (Reuters) -

* The Toronto Stock Exchange's S&P/TSX .GSPTSE rose 50.37 points, or 0.31 percent, to 16,347.34.

* Leading the index were MEG Energy Corp MEG.TO , up 7.0 percent, New Gold Inc NGD.TO , up 4.6 percent, and Precision Drilling Corp PD.TO , higher by 4.4 percent.

* Lagging shares were Cascades Inc CAS.TO , down 3.6 percent, Element Fleet Management Corp EFN.TO , down 3.3 percent, and Badger Daylighting Ltd BAD.TO , lower by 3.2 percent.

* On the TSX 139 issues advanced and 100 declined as a 1.4-to-1 ratio favored advancers. There were 6 new highs and 1 new lows, with total volume of 200.1 million shares.

* The most heavily traded shares by volume were Aurora Cannabis Inc ACB.TO , Canopy Growth Corp WEED.TO and Baytex Energy Corp BTE.TO .

* The TSX's energy group .SPTTEN rose 3.33 points, or 1.69 percent, while the financials sector .SPTTFS climbed 1.08 points, or 0.35 percent.

* West Texas Intermediate crude futures CLc1 rose 3.13 percent, or $2.06, to $67.9 a barrel. Brent crude LCOc1 rose 2.88 percent, or $2.09, to $74.72 O/R

* The TSX is up 0.9 percent for the year.

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