Canada Stocks Close 101 Points Higher, Boosted By Miners

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The Toronto Stock Exchange today regained the near 100 points lost Wednesday and a little bit more, the resources heavy index largely led higher by metal producers on news China manufacturing unexpectedly expanded this month.

Reflecting improved sentiment for all things resources, the Metals & Mining sector was the biggest percentage gainer - on a day when all sectors rose. Gold futures gained (though they finished off session highs) and copper rose too on the China data.

Elsewhere, crude rose from two week lows on news that U.S. initial claims fell over the last month. Natural gas futures were up after a government report showed that U.S. stockpiles rose by less than forecast last week.


Trading in shares of 3,000-plus U.S. companies listed by Nasdaq - including some dual listed stocks like Blackberry (BB.TO, BBRY) - was halted shortly after midday and for around three hours after that because of a technical problem.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

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This article appears in: Investing , Commodities

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