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CANADA STOCKS-TSX touches highest level since April 2015

Published 2016-12-29, 10:48 a/m
© Reuters.  CANADA STOCKS-TSX touches highest level since April 2015
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* TSX up 59.74 points, or 0.39 percent, to 15,420.84

* Nine of the TSX's 10 main groups were up, energy flat

By Solarina Ho

TORONTO, Dec 29 (Reuters) - Canada's main stock index rose on Thursday as stocks rallied broadly in light holiday trading, at one point touching its highest level since April 2015.

Gold mining stocks were the most influential movers on the index, helped in part by higher bullion prices. Gold futures GCc1 rose 0.6 percent to $1,146 an ounce. GOL/

Barrick Gold ABX.TO rose 4.9 percent to C$21.72, Silver Wheaton Corp SLW.TO advanced 6.3 percent to C$26.64, and Agnico Eagle Mines Ltd AEM.TO climbed 5.3 percent to C$57.81. The overall materials group, which includes precious and base metals miners and fertilizer companies, added 2.2 percent.

At 10:27 a.m. ET (1527 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE rose 59.74 points, or 0.39 percent, to 15,420.84.

The index touched 15,430.39, its best performance since April 27, 2015, when the index reached 15,456.35.

Nine of the index's main groups gained ground.

Suncor Energy was also a top index mover, rising 0.8 percent to C$44.45. It helped offset losses among other energy companies, keeping the energy group flat. Cenovus Energy CVE.TO eased 0.7 percent to C$20.36, and Canadian Natural Resources CNQ.TO dipped 0.3 percent to C$43.52.

The heavily weighted financials group gained 0.1 percent, while industrials, home to Canadian National Railway Co CNR.TO and Bombardier Inc BBDb.TO , among others, rose 0.2 percent.

Advancing issues outnumbered declining ones on the TSX by 174 to 67, for a 2.60-to-1 ratio on the upside.

The index was posting 3 new 52-week highs and no new lows.

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