TSX Keeps Rolling
Stocks in Canada’s largest centre kept climbing at the outset Friday, pushed upward once again by energy and industrial stocks. The TSX kept the momentum going, adding 175.87 points, to begin the last session of week and month at 19,632.58. The Canadian dollar dipped 0.19 cents to 77.89 cents U.S. Energy stocks led the charge, with Athabasca Oil picking up four cents, or 1.8%, to $2.33, while Imperial Oil advanced $2.26, or 3.8%, to $61.32. In industrials, Air Canada took flight 18 cents, or 1.1%, to $17.13, while Canadian Pacific Railway jumped $1.46, or 1.5%, to $101.00. On the economic calendar, Statistics Canada reported real gross domestic was essentially unchanged in May as growth in services-producing industries was offset by declines in goods-producing industries. ON BAYSTREET The TSX Venture Exchange added 3.06 points to 638.47. All but two of the 12 TSX subgroups moved higher, with energy rumbling 2.8%, industrials ahead 1.9%, and financials richer by 0.9%. The two laggards proved to be health-care and gold, each down 0.3%.
TSX Keeps Rolling
Stocks in Canada’s largest centre kept climbing at the outset Friday, pushed upward once again by energy and industrial stocks. The TSX kept the momentum going, adding 175.87 points, to begin the last session of week and month at 19,632.58. The Canadian dollar dipped 0.19 cents to 77.89 cents U.S. Energy stocks led the charge, with Athabasca Oil picking up four cents, or 1.8%, to $2.33, while Imperial Oil advanced $2.26, or 3.8%, to $61.32. In industrials, Air Canada took flight 18 cents, or 1.1%, to $17.13, while Canadian Pacific Railway jumped $1.46, or 1.5%, to $101.00. On the economic calendar, Statistics Canada reported real gross domestic was essentially unchanged in May as growth in services-producing industries was offset by declines in goods-producing industries. ON BAYSTREET The TSX Venture Exchange added 3.06 points to 638.47. All but two of the 12 TSX subgroups moved higher, with energy rumbling 2.8%, industrials ahead 1.9%, and financials richer by 0.9%. The two laggards proved to be health-care and gold, each down 0.3%.