💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadExplore for free

CANADA STOCKS-TSX rises with financials, Agrium-Potash Corp deal OK

Published 2017-09-12, 10:13 a/m
© Reuters.  CANADA STOCKS-TSX rises with financials, Agrium-Potash Corp deal OK
BA
-
AGU
-
POT
-
GSPTSE
-
BBDb
-
CG
-
NVA
-
TD
-
MFC
-

* TSX up 47 points, or 0.31 percent, to 15,087.30

* Eight of the TSX's 10 main groups higher

TORONTO, Sept 12 (Reuters) - Canada's main stock index rose on Tuesday, helped by financial sector gains and moves higher in shares of Agrium Inc AGU.TO and Potash Corp of Saskatchewan POT.TO after a competition watchdog gave their planned merger a green light.

At 9:56 a.m. ET (1356 GMT), the Toronto Stock Exchange's S&P/TSX composite index .GSPTSE was up 47 points, or 0.31 percent, to 15,087.30. Eight of its 10 main sectors were higher.

Agrium gained 0.9 percent to C$125.43 and Potash Corp rose 1 percent to C$22.40 after Canada's Competition Bureau said it will not challenge their proposed merger. Inc BBDb.TO rose 0.8 percent to C$2.43 as Britain and Canada team up to intervene in a dispute between the Canadian aircraft maker and Boeing (NYSE:BA) Co BA.N . heavyweight financials group gained 0.3 percent, with Toronto-Dominion Bank TD.TO up 0.6 percent at C$66.80 and insurer Manulife Financial Corp MFC.TO adding 0.5 percent to C$24.07 as Hurricane Irma appeared to have caused less damage than feared.

Energy stocks tracked oil prices slightly higher, while Nuvista Energy Ltd NVA.TO jumped 5.8 percent to C$6.91 after it reaffirmed its 2017 guidance.

Centerra Gold CG.TO rose 0.8 percent to C$9.14, a day after saying it had reached agreement with Kyrgyzstan over its Kumtor gold mine. materials group, which includes precious and base metals miners and fertilizer companies, added 0.5 percent.

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.