Toronto stock market posts tripledigit gain on broadbased rally in main sectors

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)The Canadian Press TORONTO — Canada’s main stock index increased by triple digits in late-morning trading, helped by strong gains in the heavyweight energy, industrials and financials sectors.The S&P/TSX composite index was up 148.69 points at 16,597.53.In New York, the Dow Jones industrial average was up 452.49 points at 26,807.96. The S&P 500 index was up 43.39 points at 2,981.17, while the Nasdaq composite was up 149.88 points at 8,126.76.The Canadian dollar traded for 75.54 cents US compared with an average of 75.35 cents US on Wednesday.The October crude contract was up 73 cents at US$56.99 per barrel and the October natural gas contract was down 4.3 cents at US$2.40 per mmBTU.The December gold contract was down US$38.80 at US$1,521.60 an ounce and the December copper contract was up five cents at US$2.65 a pound.

Leave a Reply

Your email address will not be published. Required fields are marked *