Canadian stock market rises due to strong mining sector
Xinhua,February 27, 2018 Adjust font size:
TORONTO, Feb.26(Xinhua) -- Canada's main stock index rose Monday to its highest since Feb. 2 due to advancing shares of mining companies.
The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index rose 76.21 points, or 0.49 percent, to close the day at 15,714.66. Nine of the 10 main sectors on the index were in positive territory.
The Canadian dollar closed at an average trading value of 0.78.83 U.S. dollar.
The largest gainer Tahoe Resources, which surged 20.8 percent while the largest decliner was Maxar Technologies Ltd, falling 7.7 percent.
Among the most active Canadian stocks by volume were Bombardier, rising 2.3 percent to 4.07 Canadian dollars. Aurora Cannabis fell 3.9 percent to 10.16 Canadian dollars and Aphria Inc, dropped seven percent to 12.92 Canadian dollars.
The materials sector, which includes mining stocks, rose 0.7 percent. The prices of gold, silver and copper were all trading higher. Enditem