TSX jumps as banks, gold miners rally after Fed rate hike

Wed Dec 16, 2015 4:07pm EST
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

TORONTO (Reuters) - Canada's main stock index added almost 2 percent on Wednesday, with the Federal Reserve's long-awaited U.S. interest rate hike helping boost gold miners and banks, offsetting a slip in energy stocks.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE unofficially closed up 246.43 points, or 1.91 percent, at 13,166 points. It had hit its weakest since August 2013 on Monday.

(Reporting by Alastair Sharp; Editing by James Dalgleish)

A man walks past an old Toronto Stock Exchange (TSX) sign in Toronto, June 23, 2014.   REUTERS/Mark Blinch