TSX gains as energy companies get lift from higher oil prices
Sept 10 (Reuters) - Canada's main stock index rose on
Monday, as energy shares gained from a jump in crude oil prices
following a stall in U.S. drilling and as investors anticipated
lower supply once new sanctions against Iran's crude exports
kick in from November.
* All the 11 major sectors were higher, boosted by the
energy sector up 0.6 percent. U.S. crude prices
were up 0.7 percent a barrel, while Brent crude added
* The largest percentage gainer on the main index was Parex
Resources, up 4.9 percent, while cannabis company
Aphria rose 3.1 percent and was also among the biggest
* At 9:44 a.m. ET (13:44 GMT), the Toronto Stock Exchange's
S&P/TSX composite index was up 49.82 points, or 0.31
percent, at 16,140.09.
* Foreign Minister Chrystia Freeland said on Friday she and
her U.S. counterpart were making "very good progress" in talks
to save the North American Free Trade Agreement.
* On the TSX, 162 issues were higher, while 73 issues
declined for a 2.22-to-1 ratio favoring gainers, with 17.06
million shares traded.
* Transcontinental fell 3.2 percent, the most on
the TSX, followed by Lundin Mining, down 2.0 percent.
* The most heavily traded shares by volume were Royal Nickel
, Orosur Mining and Aurora Cannabis.
* The TSX posted 5 new 52-week highs and no new lows.
* Across all Canadian issues there were 13 new 52-week highs
and 15 new lows, with total volume of 40.23 million shares.
(Reporting by Amy Caren Daniel in Bengaluru; Editing by Sriraj
First Published: 2018-09-10 15:32:41
Updated 2018-09-10 16:17:33
© 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.