Canadian stock market continues rising Monday

0 Comment(s)Print E-mail Xinhua, January 22, 2019
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TORONTO, Jan. 21 (Xinhua) -- Canada's main stock market rose Monday, its 12th straight positive showing as strength in gold and other resource stocks overrode backward progress in communications issues.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite rose 50.33 points, or 0.3 percent, to end the day at 15,354.16 points, its highest since Dec. 3, 2018.

The Canadian dollar lost 0.11 cents to 0.752 U.S. dollar.

In the gold group, Barrick Gold rose 25 cents, or 1.6 percent, to 15.89 Canadian dollars while B2 Gold climbed 10 cents, or 2.8 percent, to 3.63 Canadian dollars.

In the materials sector, Agnico Eagle Mines gained 26 cents to 52.00 Canadian dollars while First Quantum Minerals added 15 cents to 12.85 Canadian dollars

Among the financial stocks, Royal Bank tacked on 98 cents to 99.62 Canadian dollars while National Bank increased 10 cents to 60.84 Canadian dollars.

In the energy sector, Imperial Oil lost 50 cents, or 1.3 percent, to 36.71 Canadian dollars while Crescent Point Energy fell 23 cents, or 4.9 percent, to 4.43 Canadian dollars. Enditem

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