January 4, 2019 / 12:45 PM / 3 months ago

TSX jumps 1.50 percent, traders flock to Hudson's Bay

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

SAN FRANCISCO (Reuters) - * The Toronto Stock Exchange’s S&P/TSX rose 213.87 points, or 1.50 percent, to 14,426.62.

* Leading the index were Hudson’s Bay Co , up 15.9 percent, Hudbay Minerals Inc , up 9 percent, and Lundin Mining Corp  , higher by 8.4 percent.

* Lagging shares were Eldorado Gold Corp , down 6.0 percent, Alacer Gold Corp, down 4.4 percent, and Kirkland Lake Gold Ltd, lower by 3.7 percent.

* On the TSX 182 issues rose and 54 fell as a 3.4-to-1 ratio favored advancers. There were no new highs and 1 new lows, with total volume of 230.8 million shares.

* The most heavily traded shares by volume were Bombardier Inc , Aurora Cannabis Inc  and Barrick Gold Corp.

* The TSX’s energy group  rose 4.32 points, or 3.08 percent, while the financials sector climbed 4.10 points, or 1.53 percent.

* West Texas Intermediate crude futures rose 2.29 percent, or $1.08, to $48.17 a barrel. Brent crude  rose 2.34 percent, or $1.31, to $57.26

* The TSX is up 0.7 percent for the year.

Reporting by Noel Randewich

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