🔮 Better than the Oracle? Our Fair Value found this +42% bagger 5 months before Buffett bought itRead More

TSX rises as financials, energy stocks gain

Published 2019-04-16, 10:20 a/m
© Reuters.  TSX rises as financials, energy stocks gain
AUYN
-
LCO
-
CL
-
GSPTSE
-
CIX
-
ELD
-
LUN
-
SPTTFS
-
GSPTTMT
-
SPTTEN
-
EFN
-
LMNL
-
WEED
-
ACB
-
ECN
-

April 16 (Reuters) - Canada's main stock edged higher on Tuesday, lifted by financials and energy stocks as positive economic data from major economies fueled risk appetite, while a drop in gold kept a check on further gains.

* At 9:41 a.m. ET (1341 GMT), the Toronto Stock Exchange's S&P/TSX Composite index .GSPTSE was up 32.64 points, or 0.2 percent, at 16,548.1.

* Ten of the index's 11 major sectors were higher.

* The energy sector .SPTTEN climbed 0.3 percent as crude edged above $71 a barrel, supported by falling Venezuelan and Iranian exports. O/R

* U.S. crude CLc1 and Brent crude LCOc1 prices were up 0.1 percent each. O/R

* The financials sector .SPTTFS gained 0.3 percent, led by gains in Element Fleet Management EFN.TO and ECN Capital Corp ECN.TO .

* The materials sector .GSPTTMT , which includes precious and base metals miners, lost 0.8 percent as gold prices fell to three-month lows. GOL/

* On the TSX, 133 issues were higher, while 103 issues declined for a 1.29-to-1 ratio favoring gainers, with 17.26 million shares traded.

* The largest percentage gainers on the TSX were Canopy Growth Co WEED.TO , up 4.6 percent, followed by Lundin Mining LUN.TO , up 4.3 percent.

* Eldorado Gold ELD.TO fell 4.7 percent, the most on the TSX, followed by CI Financial CIX.TO , down 4.0 percent.

* The most heavily traded shares by volume were Prometic Life Sciences PLI.TO , Aurora Cannabis ACB.TO and Yamana Gold Inc YRI.TO .

* The TSX posted eight new 52-week highs and no new low.

* Across Canadian issues, there were 72 new 52-week highs and 10 new lows, with total volume of 31.85 million shares.

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.