May 30, 2018 / 11:41 AM / 5 months ago

TSX rises 0.79 percent with boost from energy

(Reuters) - * The Toronto Stock Exchange’s S&P/TSX rose 126.05 points, or 0.79 percent, to 16,048.66.

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

* The biggest contributor to the TSX gain was Suncor with 11.69 net index points. Energy provided the top sector boost. 

* Leading the index were MEG Energy Corp , up 7.3 percent, Ivanhoe Mines Ltd , up 5.8 percent, and Birchcliff Energy Ltd  , higher by 5.1 percent.

* Lagging shares were Laurentian Bank of Canada , down 4.7 percent, Alacer Gold Corp, down 3.6 percent, and Colliers International Group Inc, lower by 2.3 percent.

* On the TSX 185 issues advanced and 58 declined as a 3.2-to-1 ratio favored advancers. There were 12 new highs and 2 new lows, with total volume of 180.8 million shares.

* The most heavily traded shares by volume were Bombardier Inc , Baytex Energy Corp  and Cenovus Energy Inc.

* The TSX’s energy group  rose 4.06 points, or 2.05 percent, while the financials sector climbed 1.31 points, or 0.44 percent.

* West Texas Intermediate crude futures rose 2.46 percent, or $1.64, to $68.37 a barrel. Brent crude  rose 3.05 percent, or $2.3, to $77.69 [O/R]

* The TSX is off 1 percent for the year.

Reporting By Sinéad Carew

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