CANADA STOCKS-TSX notches a nearly 6-week high, led by resource shares

Tue Apr 4, 2017 5:25pm EDT
 
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(New throughout, updates prices and market activity, adds portfolio manager comments, details on energy stocks)

* TSX ends up 84.67 points, or 0.54 percent, at 15,669.07

* Index posts its highest close since Feb. 23

* Seven of the TSX's 10 main groups end higher

By Fergal Smith

TORONTO, April 4 (Reuters) - Canada's main stock index advanced on Tuesday to a nearly six-week high as gains in gold and oil prices helped boost the shares of mining and energy companies.

The Toronto Stock Exchange's S&P/TSX composite index closed up 84.67 points, or 0.54 percent, at 15,669.07, its highest close since Feb. 23.

Gains for the index came even as investors on Wall Street stayed on the sidelines ahead of first-quarter earnings season and remained cautious over President Donald Trump's ability to deliver on promises such as tax reform.

"Today serves as a good example of just how attractive the Canadian market is when global investors or domestic investors look around the landscape," said James Robertson, managing director, portfolio solutions group at Manulife Asset Management.   Continued...