TSX advances as energy shares gain

A positive start to the new week’s trading as energy shares were boosted by oil prices which have held their ground, adding to optimism that perhaps the bottom has already been reached, despite some analysts advising caution with that view.

A positive start to the new week’s trading as energy shares were boosted by oil prices which have held their ground, adding to optimism that perhaps the bottom has already been reached, despite some analysts advising caution with that view. The Toronto Stock Exchange was one of the better performing indexes with many Asian and European markets closing with losses as weak Chinese trade data and Greece and Russia-Ukraine weighing heavily.

The S&P/TSX Composite Index closed up 16.78 (0.11 per cent)

The NYSE closed lower

Oil is flat ($52.86 at 4.10pm)

Gold is flat

The loonie is worth US $0.80226 (at 4.10pm)


 

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