TSX higher on mining stocks

The Toronto Stock Exchange gained today as upbeat Chinese data eased concerns over metals demand and mining stocks increased.

The Toronto Stock Exchange gained today as upbeat Chinese data eased concerns over metals demand and mining stocks increased. Energy shares were lower though with oil supplies beating demand but oil prices are less volatile than they have been over the last few months. Asian markets closed higher as the Bank of Korea announced a surprise interest rate cut and there was some positivity from Japan, Australia and China. In Europe the Greek debt concern continues.

The S&P/TSX Composite Index closed up 31.52 (0.21 per cent)

The NYSE closed higher

Oil is trending lower (Brent $57.20, WTI $47.05 at 4.00pm)

Gold is trending higher

The loonie is valued at U$0.7866 (4.00pm)

 

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