June's AI-picked stock updates now live. See what's new in Tech Titans, up 28.5% year to date.Unlock Stocks

CANADA STOCKS-Valeant bounces; TSX sees slight gain overall

Published 2015-11-02, 10:35 a/m
© Reuters.  CANADA STOCKS-Valeant bounces; TSX sees slight gain overall
CCJ
-
GC
-
HG
-
LCO
-
CL
-
BHC
-
GSPTSE
-
VRN
-
CVE
-
SLF
-
GG
-
CNI
-
MFC
-
QSR
-

(Adds details, updates prices)
* TSX up 19.32 points, or 0.14 percent, to 13,548.49
* Six of the TSX's 10 main groups fall

TORONTO, Nov 2 (Reuters) - Canada's main stock index eked
out slight gains on Monday, helped by a rebound in Valeant
Pharmaceuticals International Inc VRX.TO and by gains in some
heavyweight financial and energy stocks, while a mix of mining
and industrial stocks weighed.
The Toronto Stock Exchange's S&P/TSX composite index
.GSPTSE had fallen sharply to end last week, but by 10:23 a.m.
ET (1523 GMT), the index was up 19.32 points, or 0.14 percent,
to 13,548.49.
Six of the index's 10 main groups were in negative
territory, however, with advancers outnumbering decliners by 123
to 108.
The most influential positive mover on the index was
Valeant, which rose 9.5 percent to C$133.59 after a
short-seller's latest report on the embattled drug company did
not included new allegations.
The materials group, which includes miners, retreated 0.7
percent. Goldcorp Inc G.TO declined 1.7 percent to C$16.44 and
Cameco Corp CCO.TO lost 1.8 percent to C$18.19.
Gold futures GCc1 fell 0.7 percent to $1,133.2 an ounce,
while copper prices declined 0.1 percent to $5,109 a
tonne.
Consumer staples names fell 0.9 percent, with Restaurant
Brands International Inc QSR.TO off 1.5 percent at C$51.70.
Industrials were off 0.3 percent, with Canadian National
Railway CNR.TO down 0.6 percent at C$79.41.
The heavyweight financials group climbed 0.2 percent, with
insurer Manulife Financial Corp MFC.TO advancing 0.8 percent
to C$21.86 and Sun Life Financial Inc SLF.TO up 0.5 percent to
C$44.34.
Energy stocks were up 0.6 percent, as oil prices pared early
losses after weak Chinese economic data and record-high
production in Russia exacerbated the global supply glut.
U.S. crude CLc1 prices were last down 0.1 percent to
$46.56 a barrel, while Brent crude LCOc1 lost 0.4 percent to
$49.38.
Cenovus Energy Inc CVE.TO 2.2 percent to C$19.89 and
Crescent Point Energy Corp CPG.TO gained 2.2 percent to
C$18.22.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.