Canada Stocks Gain, Higher 4 Out of 5 Days This Week; TORC Oil & Gas Most Active Winner

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Canadian stocks climbed on Friday, up 32.40 points, hitting a three week high. Most sectors were up with Energy leading the broader markets higher, Telecom was the biggest drag on the TSX.

Gold prices continued to climb, notching up their third consecutive gain, with the October COMEX gold contract settling at $1,375.90 up $14.8 per ounce.

In economic news, Canadian factory sales fell by 0.5 percent in June from May, missing the 0.5 percent gain forecast by analysts and marking the fourth decline in six months, according to Statistics Canada.

TORC Oil & Gas (TOG.TO) was the most active share, climbing 4.37% with 9.06 million shares changing hands. There was no specific fresh stock news generating volume.



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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Referenced

Most Active by Volume

105,679,298
  • $16.13 ▼ 0.19%
43,130,824
  • $101.32 ▲ 0.74%
24,108,376
  • $59.80 ▲ 7.34%
22,524,427
  • $26.15 ▼ 1.06%
22,194,114
  • $24.65 ▼ 0.96%
21,835,360
  • $99.05 ▲ 0.15%
20,872,575
  • $34.94 ▼ 0.60%
20,561,803
    $74.57 unch
As of 8/22/2014, 04:02 PM

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