July 9, 2019 / 11:36 AM / 10 days ago

TSX rises 0.50 percent to 16,545.21

The Toronto Stock Exchange sign is seen in Toronto, Ontario, Canada July 6, 2017. REUTERS/Chris Helgren

The Toronto Stock Exchange’s  S&P/TSX rose 82.26 points, or 0.50 percent, to 16,545.21.

Leading the index were Eldorado Gold Corp , up 5.7 percent, Alacer Gold Corp , up 5.4 percent, and NovaGold Resources Inc , higher by 3.9 percent.

Lagging shares were First Quantum Minerals Ltd , down 6.5 percent, West Fraser Timber Co Ltd, down 6.0 percent, and Hudbay Minerals Inc, lower by 5.5 percent.

On the TSX 135 issues rose and 98 fell as a 1.4-to-1 ratio favored advancers. There were 11 new highs and 5 new lows, with total volume of 164.3 million shares.

The most heavily traded shares by volume were Encana Corp , Canntrust Holdings Inc  and First Quantum Minerals Ltd.

The TSX’s energy group  rose 2.07 points, or 1.5 percent, while the financials sector climbed 0.88 points, or 0.3 percent.

West Texas Intermediate crude futures rose 0.64 percent, or $0.37, to $58.03 a barrel. Brent crude  rose 0.33 percent, or $0.21, to $64.32

The TSX is up 15.5 percent for the year.

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