Canadian stock market up due to eased tension

0 Comment(s)Print E-mail Xinhua, August 15, 2017
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TORONTO, Aug. 14 (Xinhua) -- Canada's main stock index rose Monday with heavyweight financials leading gains, while lower oil prices weighed on energy shares as tension between the United States and the Democratic People's Republic of Korea (DPRK) eased.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index rose 86.53 points, or 0.58 percent to close the day at 15,119.91.

The overall financials group gained nearly one percent. The most influential movers on the index included Royal Bank of Canada, which rose 1.1 percent to 93.54 Canadian dollars, and Bank of Nova Scotia, which gained one percent to 77.45 Canadian dollars.

Industrial group rose 1.2 percent, with the country's biggest rail operator, Canadian National Railway rising 1.4 percent to 102.26 Canadian dollars.

Energy group fell, with Crescent Point Energy dropping 23 cents, or 2.6 percent to 8.64 Canadian dollars while Canadian Natural Resources down 30 cents to 39.23 Canadian dollars.

The Canadian dollar gained 0.09 cents to 78.58 U.S. cents while oil prices dropped 1.31 dollars to 47.51 U.S. dollars a barrel and gold prices dropped six dollars to 1,288 U.S. dollars an ounce. Enditem

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