TSX rises as energy shares surge on crude gains

Thu Jan 28, 2016 4:08pm EST
 
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TORONTO (Reuters) - Canada's main stock index gained sharply on Thursday, with energy stocks surging as crude oil prices CLc1 LCOc1 gained for a third day on hopes of a deal to cut global production.

The Toronto Stock Exchange's S&P/TSX composite index .GSPTSE unofficially closed up 214.16 points, or 1.73 percent, at 12,591.93. Its energy sector jumped 5.3 percent.

(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