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Canadian stock market goes up

Xinhua,January 12, 2018 Adjust font size:

TORONTO, Jan. 11 (Xinhua) -- Canada's main stock index ended higher Thursday, a day after the market fell due to reports the United States is reportedly prepared to withdraw North American Free Trade Agreement.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index rose 38.99 points, or 0.24 percent, to close the day at 16,286.94. Half of its 10 main sectors were up and decliners were evenly balanced overall.

The Canadian dollar fell to 0.79.78 U.S. dollar.

The energy group rose 1.4 percent, with Cenovus Energy Inc up 4.4 percent to 13.69 Canadian dollars. Tourmaline Oil Corp jumped 5.7 percent to 21.96 Canadian dollars.

Shaw Communications fell 2.8 percent to 27.16 Canadian dollars.

Marijuana producers, a volatile but broadly rising sector, also fell, with Canopy Growth Corp dipping 10.4 percent to 37.56 Canadian dollars and Aphria Inc dropped nine percent to 20.55 Canadian dollars.

The materials group, which includes precious and base metals miners and fertilizer companies, gained 0.8 percent, with Nutrien Ltd up 2.3 percent to 66.63 Canadian dollars.

Alamos Gold plunged 6.9 percent to 7.39 Canadian dollars while Yamana Gold Inc rose 4.8 percent to 4.19 Canadian dollars. Enditem