TSX jumps to 19-month high, led by cyclical stocks

Wed Dec 7, 2016 4:09pm EST
 
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TORONTO (Reuters) - Canada's benchmark stock index jumped to a 19-month high on Wednesday as gains for sectors that benefit most from stronger economic growth offset a drop in energy shares as oil fell.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE unofficially closed up 111.95 points, or 0.74 percent, at 15,237.75. Eight of the index's 10 main industry groups ended higher.

(Reporting by Fergal Smith, editing by G Crosse)

 
A TMX Group sign, the company that runs the Toronto Stock Exchange (TSX), is seen in Toronto, June 23, 2014. REUTERS/Mark Blinch