🥇 First rule of investing? Know when to save! Up to 55% off InvestingPro before BLACK FRIDAYCLAIM SALE

CANADA STOCKS-TSX rises as gold mining, energy shares climb

Published 2020-12-15, 10:06 a/m
© Reuters.

Dec 15 (Reuters) - Canada's main stock index rose on Tuesday as gold miners tracked rising bullion prices, while heavyweight energy stocks advanced on oil prices gains further supporting sentiment.

* The materials sector .GSPTTMT , which includes precious and base metals miners and fertilizer companies, added 1.8% as gold futures GCc1 rose 0.9% to $1,844.9 an ounce. GOL/

* The sector was led by the largest percentage gainers on the TSX, Silvercorp Metals Inc SVM.TO and First Majestic Silver Corp FR.TO , which jumped 4.9% and 3.9% respectively.

* The energy sector .SPTTEN climbed 1.0% as U.S. crude CLc1 prices were up 0.6% a barrel, while Brent crude LCOc1 added 0.4%. O/R

* At 9:34 a.m. ET (14:34 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 121.1 points, or 0.7%, at 17,508.5.

* Canada's domestic factory sales rose 0.3% in October compared to September helped by non-durable industries, led by paper, petroleum and coal, Statistics Canada said. The financials sector .SPTTFS gained 0.7%, while the industrials sector .GSPTTIN rose 0.6%.

* On the TSX, 183 issues advanced, while 33 issues declined in a 5.55-to-1 ratio favoring gainers, with 8.94 million shares traded.

* Trillium Therapeutics Inc TRIL.TO fell 1.9%, the most on the TSX, followed by Aurinia Pharmaceuticals Inc AUP.TO , down 1.2%.

* The most heavily traded shares by volume were BCE Inc BCE.TO , Tamarack Valley Energy Ltd TVE.TO , and Monarch Gold Corp MQR.TO .

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

* Across Canadian issues, there were 13 new 52-week highs and three new lows, with total volume of 21.41 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.