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
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