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Canadian stock market edges up due to energy stocks advance

Xinhua,December 21, 2017 Adjust font size:

TORONTO, Dec.20 (Xinhua) -- Canada's main stock index edged up Wednesday due to advancing energy and mining stocks.

The Toronto Stock Exchange's S&P/TSX composite index climbed 26.32 points, or 0.16 percent, to close at 16,159.67. Six of the index's 10 main groups fell.

The energy group rose 1.9 percent, with Encana Corp jumping 7.2 percent to 15.46 Canadian dollars (one Canadian dollars equals to 0.78 U.S. dollar) and Canadian Natural Resources Ltd adding 0.9 percent to 43.90 Candian dollars.

The materials sector, which includes precious and base metals miners and fertilizer companies, gained 1.2 percent. Teck Resources Ltd rose 2.8 percent to 31.75 Canadian dollars and First Quantum Minerals Ltd rallied 3.3 percent to 17.47 Canadian dollars.

BlackBerry surged 11.6 percent to 15.59 Canadian dollars, its highest level since May 2013. Enditem