April 16, 2018 / 9:01 PM / in 2 years

CANADA STOCKS-TSX rises as industrials climb, Mideast fears ebb

(New throughout; updates prices to close)

TORONTO, April 16 (Reuters) - Canada’s main stock index rose on Monday, led by industrial and financial shares, as fears waned of an escalating conflict in Syria following the weekend’s U.S.-led air strikes.

* The Toronto Stock Exchange’s S&P/TSX composite index closed up 26.41 points, or 0.17 percent, at 15,300.38. It was the third straight day that the index has ended modestly higher.

* Gains for the TSX came as investors on Wall Street turned their focus to earnings season and appeared less worried about the Middle East.

* Industrials rose 0.8 percent, including gains for railroad shares. The financials group, which accounts for more than one-third of the weight of the TSX, gained 0.2 percent.

* Eight of the index’s 10 main groups rose.

* The energy group fell 1.7 percent as oil prices declined.

* U.S. crude oil futures settled 1.7 percent lower at $66.22 a barrel.

* The largest percentage gainer on the TSX was Aphria Inc , which rose 7.4 percent, while the largest decliner was Enerflex Ltd, down 6.9 percent.

* The TSX posted four new 52-week highs and four new lows. (Reporting by Fergal Smith Editing by James Dalgleish)

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