Canada Stocks Close Higher; Homes Sales Disappoint; Teranga Gold Corporation Most Active

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Canadian stocks closed higher in Wednesday notching up a 30-month high. Most sectors were higher with Metals and Mining driving the gains on the TSX.

Sales of existing homes declined in December. Canadian real estate agents said sales activity was down 1.8 percent last month from November. Actual sales for December, were up 12.9 percent from December 2012, which was a particularly weak month. The weak number stokes thoughts that the BOC would cut rates, allow stocks to notch up gains.

Teranga Gold Corporation (TGZ.TO) was the most active share on the TSX with no fresh specific stock news driving volume. The stock closed up 4.8% with 13.7 million shares changing hands.




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This article appears in: Investing , Commodities

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Most Active by Volume

22,740,104
  • $114.40 ▲ 2.13%
17,397,001
  • $18.025 ▲ 0.25%
17,381,114
  • $7.40 ▼ 2.63%
15,636,147
  • $7.49 ▲ 3.17%
14,032,851
  • $8.291 ▲ 5.08%
13,144,247
  • $94.277 ▲ 3.27%
11,821,517
  • $69.41 ▲ 4.52%
10,625,283
  • $10.66 ▲ 3.39%
As of 12/26/2014, 03:02 PM


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