CANADA STOCKS-TSX rises to 1-week high as energy adds to OPEC-related gains

Thu Sep 29, 2016 4:50pm EDT
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article | Single Page
[-] Text [+]

(Adds portfolio manager comments, details on BlackBerry, Valeant and railroad stocks and updates prices)

* TSX closes up 23.12 points, or 0.16 percent, at 14,754.55

* Index touches its highest in one week at 14,815.81

* Energy climbs 7.7 percent over past two days

* Just three of the TSX's 10 main groups end higher

By Fergal Smith

TORONTO, Sept 29 (Reuters) - Canada's main stock index rose on Thursday to a one-week high as energy stocks added to sharp gains from one day before on a surprise output cut agreement by OPEC.

The most influential movers on the index were some of the country's largest energy companies. Suncor Energy Inc rose 2.3 percent to C$36.41 and Canadian Natural Resources Ltd advanced 2.4 percent to C$42.14.

The index's energy group climbed 2.2 percent, which takes its rally over the past two days to 7.7 percent.   Continued...