TSX gains on Valeant stocks, offsets energy firm declines

Another bumpy day for oil prices, punishing energy stocks, has been offset by gains in the healthcare sector driven by a 2 per cent rise in Valeant Pharmaceuticals stocks.

Another bumpy day for oil prices, punishing energy stocks, has been offset by gains in the healthcare sector driven by a 2 per cent rise in Valeant Pharmaceuticals stocks. Even data showing that Canada’s current account has the largest deficit in a year (again due to lower oil prices) was not enough to stop the Toronto Stock Exchange ending in positive numbers.

The S&P/TSX Composite Index closed up 29.71 (0.20 per cent)

The NYSE closed higher

Oil is trending higher (Brent $59.89, WTI $49.75 at 4.20pm)

Gold is trending higher

The loonie is valued at U$0.79752 at 4.20pm

 

LATEST NEWS