January 29, 2019 / 12:50 PM / 3 months ago

TSX rises 0.55 percent

The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren

NEW YORK (Reuters) - The Toronto Stock Exchange’s S&P/TSX rose 84.52 points, or 0.55 percent, to 15,463.14.

Leading the index were SNC-Lavalin Group Inc, up 6.5 percent, Iamgold Corp, up 5.8 percent, and First Quantum Minerals Ltd , higher by 5.2 percent.

Lagging shares were Canopy Growth Corp, down 7 percent, Cascades Inc, down 4.3 percent, and Aurora Cannabis Inc, lower by 3.4 percent.

On the TSX 138 issues rose and 98 fell as a 1.4-to-1 ratio favored advancers. There were 8 new highs and no new lows, with total volume of 225.7 million shares.

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

The TSX’s energy group rose 1.31 points, or 0.89 percent, while the financials sector climbed 1.55 points, or 0.54 percent.

West Texas Intermediate crude futures rose 2.23 percent, or $1.16, to $53.15 a barrel. Brent crude  rose 1.99 percent, or $1.19, to $61.12 [O/R]

The TSX is up 8 percent for the year.

Reporting by Chuck Mikolajczak

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