CANADA STOCKS-TSX climbs higher as energy, resources led rebound

Thu Apr 23, 2015 10:55am EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Updates with fresh details, stock moves, analyst comments)

* TSX up 24.61 points, or 0.16 percent, at 15,329.38

* Five of the index's 10 main groups advance

* Energy up 0.9 percent, materials add 0.6 percent

By Solarina Ho

TORONTO, April 23 (Reuters) - Canada's main stock index rose on Thursday, helped by gains among energy and resource stocks, which were bolstered by stronger commodity prices, and a modest rise by the influential financials group.

The biggest positive driver on the index included Canadian Natural Resources, which rose 1.01 percent to C$40.88, and Goldcorp Inc, which advanced 1.3 percent to C$23.37.

The overall oil and gas sector climbed 0.9 percent, while the materials group, home to gold miners, climbed 0.6 percent.

U.S. crude prices were up 2.9 percent to $57.79, while Brent crude added 3.1 percent to $64.66. Gold futures eked out a 0.1 percent gain to $1,187.6.   Continued...