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
* 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)
First Published: 2018-04-16 16:23:16
Updated 2018-04-16 22:57:27
© 2018 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.