March 21, 2018 / 11:40 AM / a month ago

TSX climbs as oil prices push energy shares higher

TORONTO (Reuters) - Canada’s main stock index rose on Wednesday as higher oil prices boosted energy shares and the Federal Reserve signaled growing confidence in the U.S. economic outlook.

A Bay Street sign, the main street in the financial district is seen in Toronto, January 28, 2013. REUTERS/Mark Blinch

* The Toronto Stock Exchange’s S&P/TSX composite index closed up 58.92 points, or 0.38 percent, at 15,675.28.

* The TSX posted 8 new 52-week highs and 4 new lows. Across all Canadian issues there were 19 new 52-week highs and 34 new lows.

* The largest percentage gainer on the TSX was BRP Inc (DOO.TO), which rose 9.5 percent, while the largest decliner was Aphria Inc (APH.TO), down 4.5 percent.

* Among the most active Canadian stocks by volume were First Quantum (FM.TO), up 3.6 percent at C$18.65; Bombardier (BBDb.TO), up 0.8 percent at C$3.76 and Aurora Cannabis (ACB.TO), down 2.1 percent at C$10.08.

* The energy sector gained 3.2 percent, reflecting a 3 percent gain in the price of U.S. crude oil.

    Reporting by Fergal Smith and John Tilak; Editing by David Gregorio

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