Canada Stocks Close Higher; Chinese Growth Buoys TSX; Baja Mining Most Active

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Canada stocks moved higher on Monday, following up Friday's substantial gains. Sectors were mixed, led by Metals and Mining along with Telecom, but Info Tech capped gains.

Stocks were buoyed by strong growth numbers that were reported in China on Monday. China's exports climbed a more than expected by 12.7% year over year in November and helped the country's trade surplus increase 8.7% year over year to $33.8 billion, the highest level since January 2009. Meanwhile, inflation nudged down to 3% year over year from 3.2% as a rise in food prices eased.

Baja Mining Corp. (BAJ.TO) was the most active share on the TSX with no fresh specific stock news driving volume. The stock settled unchanged with 6 million shares changing hands.



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This article appears in: Investing , Commodities

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Referenced

Most Active by Volume

48,099,947
  • $16.09 ▲ 0.50%
40,277,806
  • $102.50 ▲ 0.24%
40,236,499
  • $19.57 ▲ 2.35%
31,092,510
  • $49.75 ▲ 0.65%
30,795,218
  • $34.92 ▲ 0.78%
29,910,855
  • $3.63 ▲ 0.83%
24,019,154
  • $13.06 ▼ 0.38%
23,753,906
  • $74.82 ▲ 1.31%
As of 8/29/2014, 04:04 PM

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