CANADA STOCKS-TSX adds to record high; led by energy, Restaurant Brands

Tue Feb 21, 2017 5:11pm EST
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Adds portfolio manager quotes, updates prices)

* TSX ends up 83.74 points, or 0.53 percent, at 15,922.37

* Index notches a fresh record closing high

* All 10 of the index's main groups end higher

By Fergal Smith

TORONTO, Feb 21 (Reuters) - Canada's main stock index closed at a record high on Tuesday, with energy shares leading broad-based gains as oil prices climbed, while Restaurant Brands International Inc jumped more than 7 percent after it announced an acquisition.

Gains for the Toronto Stock Exchange's S&P/TSX composite index came as data showed the fastest pace of growth in euro zone business activity for six years, while Wall Street also reached record highs as investors cheered strong results of top U.S. retailers.

"All of this support the view that the U.S. consumer and the housing market is doing quite well," said Cavan Yie, senior equity analyst at Manulife Asset Management.

The Toronto Stock Exchange's S&P/TSX composite index closed up 83.74 points, or 0.53 percent, at 15,922.37, a record closing high.   Continued...