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CANADA STOCKS-TSX rises as energy stocks gain on signs of Trump's improving health

Published 2020-10-05, 10:07 a/m
Updated 2020-10-05, 10:12 a/m
© Reuters.

© Reuters.

Oct 5 (Reuters) - Canada's main stock index rose on Monday, supported by gains in energy stocks after doctors suggested U.S. President Donald Trump could be discharged from the hospital where he is being treated for COVID-19.

* The energy sector .SPTTEN climbed 2.8% as U.S. crude CLc1 prices were up 5.1% a barrel, while Brent crude LCOc1 added 4.5%. O/R

* At 9:36 a.m. ET (1336 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 93.94 points, or 0.58%, at 16,293.19.

* The financials sector .SPTTFS gained 0.8%. The industrials sector .GSPTTIN rose 0.3%.

* The materials sector .GSPTTMT , which includes precious and base metals miners and fertilizer companies, added 0.9% as gold futures GCc1 rose 0.3% to $1,905.3 an ounce. GOL/

* On the TSX, 183 issues were higher, while 36 issues declined for a 5.08-to-1 ratio favouring gainers, with 8.99 million shares traded.

* The largest percentage gainer on the TSX was pot producer Aphria Inc APHA.TO , which jumped 7.2%, followed by oil producer Vermilion Energy Inc VET.TO , up 5.1%.

* E-commerce firm Shopify Inc SHOP.TO fell 1.5%, the most on the TSX, and the second-biggest decliner was North West Co Inc NWC.TO , down 1.1%, after TD Securities downgraded the retailer's stock to "hold" from "buy".

* The most heavily traded shares by volume were Zenabis Global Inc ZENA.TO and Suncor Energy Inc SU.TO .

* The TSX posted two new 52-week highs and no new lows.

* Across all Canadian issues, there were 13 new 52-week highs and three new lows, with total volume of 22.07 million shares.

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