August 16, 2018 / 11:33 AM / 3 months ago

TSX rises 0.48 percent

A sign board displaying Toronto Stock Exchange (TSX) stock information is seen in Toronto June 23, 2014. REUTERS/Mark Blinch

NEW YORK (Reuters) - The Toronto Stock Exchange’s S&P/TSX .GSPTSE rose 77.15 points, or 0.48 percent, to 16,225.65.

* Leading the index were West Fraser Timber Co Ltd (WFT.TO), up 7.4 percent, Labrador Iron Ore Royalty Corp (LIF.TO), up 5.4 percent, and Interfor Corp (IFP.TO) , higher by 5.2 percent.

* Lagging shares were NovaGold Resources Inc (NG.TO), down 12.7 percent, Endeavour Mining Corp (EDV.TO), down 5.3 percent, and Great Canadian Gaming Corp (GC.TO), lower by 5.2 percent.

* On the TSX 143 issues advanced and 97 declined as a 1.5-to-1 ratio favored advancers. There were 11 new highs and 13 new lows, with total volume of 198.9 million shares.

* The most heavily traded shares by volume were Aurora Cannabis Inc (ACB.TO), Canopy Growth Corp (WEED.TO) and Meg Energy Corp (MEG.TO).

* The TSX’s energy group .SPTTEN rose 0.97 points, or 0.50 percent, while the financials sector .SPTTFS climbed 1.91 points, or 0.62 percent.

* West Texas Intermediate crude futures CLc1 rose 0.74 percent, or $0.48, to $65.49 a barrel. Brent crude LCOc1 rose 0.85 percent, or $0.6, to $71.36 [O/R]

* The TSX is up 0.1 percent for the year.

Reporting by Caroline Valetkevitch

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