CANADA STOCKS-TSX touches highest level since April 2015

Thu Dec 29, 2016 10:48am EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

* TSX up 59.74 points, or 0.39 percent, to 15,420.84

* Nine of the TSX's 10 main groups were up, energy flat

By Solarina Ho

TORONTO, Dec 29 (Reuters) - Canada's main stock index rose on Thursday as stocks rallied broadly in light holiday trading, at one point touching its highest level since April 2015.

Gold mining stocks were the most influential movers on the index, helped in part by higher bullion prices. Gold futures rose 0.6 percent to $1,146 an ounce.

Barrick Gold rose 4.9 percent to C$21.72, Silver Wheaton Corp advanced 6.3 percent to C$26.64, and Agnico Eagle Mines Ltd climbed 5.3 percent to C$57.81. The overall materials group, which includes precious and base metals miners and fertilizer companies, added 2.2 percent.

At 10:27 a.m. ET (1527 GMT), the Toronto Stock Exchange's S&P/TSX composite index rose 59.74 points, or 0.39 percent, to 15,420.84.

The index touched 15,430.39, its best performance since April 27, 2015, when the index reached 15,456.35.

Nine of the index's main groups gained ground.   Continued...