Canadian stock market rebounds Tuesday despite oil price fall
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E-mail Xinhua, December 19, 2018
TORONTO, Dec. 18 (Xinhua) -- Canada's main stock rebounded Tuesday, although oil prices fell deeply to an almost two-year low.
The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index rose 54.24 points, or 0.38 percent, to end the day at 14,416.89 points.
The Canadian dollar traded at an average of 0.7433 U.S. dollar Tuesday compared with an average of 0.7463 U.S. dollar Monday.
On the market, 150 issues rose and 92 fell. There were 4 new highs and 41 new lows, with total volume of 383.1 million shares.
The energy group fell 1.55 points, or 1.12 percent, while the financials sector climbed 0.64 points, or 0.23 percent.
CES Energy Solutions Corp fell six cents to 3.13 Canadian dollars while Suncor Energy lost nine cents to 39.00 Canadian dollars.
Manulife Financial Corp. climbed 33 cents, or 1.72 per cent, to 19.51 Canadian dollars.
Kinross Gold Corp. added 12 cents to 4.14 Canadian dollars.
The most heavily traded shares by volume were Bombardier Inc., Aphria Inc. and Baytex Energy Corp.
Bombardier Inc. fell nine cents, or 4.46 per cent, to 1.93 Canadian dollars on 17.4 million shares. Aphria Inc. rose 57 cents, or 7.79 percent, to 7.89 Canadian dollars on 16.8 million shares. Baytex Energy Corp. dropped 20 cents, or 9.09 percent, to 2.0 Canadian dollars on 12.5 million shares. Enditem
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