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CANADA STOCKS-Toronto stocks inch higher on positive sentiment after Trump speech

Published 2018-01-31, 10:04 a/m
© Reuters.  CANADA STOCKS-Toronto stocks inch higher on positive sentiment after Trump speech

By Nichola Saminather

Jan 31 (Reuters) - Canada's main stock index inched up from the previous session's seven-week low, lifted by positive sentiment globally following a controversy-free State of the Union address by U.S. President Donald Trump. The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 5.9 points, or 0.06 percent, at 15,961.38.

* The index recovered from its lowest level since Dec. 7 seen on Tuesday. MKTS/GLOB

* The technology .GTSX45 and healthcare .GTSX35 sectors led gains, rising 1 percent and 0.9 percent respectively.

* Industrials .GTSX20 and consumer non-cyclicals .GTSX30 were the only declining sectors, falling 0.25 percent and 0.2 percent respectively.

*Technology company CGI Group GIBa.TO was the biggest gainer, rising 3.7 percent after reporting earnings that beat estimates. metals company Nevsun Resources NSU.TO was the biggest decliner, falling 3.6 percent, after saying it would suspend its dividend and redeploy capital to growth.

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