CANADA STOCKS-TSX higher as energy shares gain; down 3 pct in June

Tue Jun 30, 2015 4:54pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Adds portfolio manager comment, updates prices to close)

* TSX ends up 63.18 points, or 0.44 percent, at 14,553.33

* Index lost 3 percent in June

By Alastair Sharp

TORONTO, June 30 (Reuters) - Canada's main stock index regained some ground on Tuesday after Monday's precipitous drop, with energy shares leading broad gains as crude bounced off three-week lows.

The oscillations could extend through the week amid low volumes ahead of a Greek referendum on the terms of a bailout package on Sunday, with Canadian markets closed on Wednesday and U.S. markets shut on Friday.

"We think this week is going to be really choppy," said Thane Stenner, portfolio manager with StennerZohny Investment Partners+, part of Richardson GMP. "It's going to be a tug of war between bulls and bears."

The Toronto Stock Exchange's S&P/TSX composite index ended 63.18 points, or 0.44 percent, higher at 14,553.33. It lost 3 percent in June.

The index had tumbled more than 2 percent on Monday as investors fretted about a possible Greek exit from the euro currency bloc.   Continued...