CANADA STOCKS-TSX rebounds from five-month low as global stocks, oil, metals climb

By Kitco News / February 12, 2018 / www.kitco.com / Article Link

By Nichola Saminather

TORONTO, Feb 12 (Reuters) - Canada's main stock index recovered on Monday from Friday's five-month low, with all 10 sectors in positive territory, taking their cue from a rebound in global stocks following a brutal week.

* The Toronto Stock Exchange's S&P/TSX composite index was up 133.54 points, or 0.89 percent, at 15,168.07 at 10:05 a.m. EST (1505 GMT).

* Monday's gains came after a 3.66 percent drop in the index last week.

* Consumer cyclicals led gains with a 2.5 percent jump.

* Copper miner Ivanhoe Mines and Torex Gold Resources were the biggest gainers on the index, jumping 7.6 percent and 7.4 percent respectively.

* Gold prices advanced 0.44 percent to $1,322.26 an ounce, while copper futures rose 1.2 percent to $6,835 a tonne.

* Gildan Activewear , which was flat, was the worst performer.

* Yamana Gold and marijuana producer Canopy Growth Corp were the most actively traded stocks on the index.

* There were 231 advancing stocks and 13 declining ones on the index.


(Reporting by Nichola Saminather, editing by Jonathan Oatis)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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