July 3, 2019 / 11:27 AM / 5 months ago

TSX rises 0.64 percent to 16,576.52

FILE PHOTO: A TMX Group sign, the company that runs the Toronto Stock Exchange (TSX), is seen in Toronto, June 23, 2014. REUTERS/Mark Blinch/File Photo

The Toronto Stock Exchange’s S&P/TSX .GSPTSE rose 105.23 points, or 0.64 percent, to 16,576.52.

Leading the index were Cascades Inc (CAS.TO), up 5.1 percent, Inter Pipeline Ltd (IPL.TO), up 4.8 percent, and Alaris Royalty Corp (AD.TO), higher by 4.6 percent.

Lagging shares were Linamar Corp (LNR.TO), down 3.3 percent, Torex Gold Resources Inc (TXG.TO), down 2.7 percent, and Ag Growth International Inc (AFN.TO), lower by 2.6 percent.

On the TSX 160 issues rose and 74 fell as a 2.2-to-1 ratio favored advancers. There were 12 new highs and 4 new lows, with total volume of 148.0 million shares.

The most heavily traded shares by volume were Crescent Point Energy Corp (CPG.TO), Encana Corp (ECA.TO) and Barrick Gold Corp (ABX.TO).

The TSX’s energy group .SPTTEN rose 0.56 points, or 0.4 percent, while the financials sector .SPTTFS climbed 1.84 points, or 0.6 percent.

West Texas Intermediate crude futures CLc1 rose 2.01 percent, or $1.13, to $57.38 a barrel. Brent crude LCOc1  rose 2.47 percent, or $1.54, to $63.94 [O/R]

The TSX is up 15.7 percent for the year.

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