TSX Close: Rebound Rally Pushes TSX Higher as Energy Stocks Advance


The Toronto stock market ended the Friday trading session in positive territory thanks to a broad-based rebound rally paced by energy stocks. Concerns about the future of the Fed's stimulus program had pushed the TSX lower over the past two trading sessions.

The S&P TSX Composite Index closed 61 points higher at 12,701, just off session highs of 12,707.

All of the TSX's sub-sectors finished higher, led by energy, utilities and materials.

Actively traded stocks included Bombardier (BBD-B.TO, +4%), TORC Oil and Gas (TOG.TO, -1%) and BlackBerry (BB.TO, -5%).

Commodity prices were mixed. April crude oil tacked on 29 cents, or 0.3%, to settle at $93.13 a barrel on the New York Mercantile Exchange. Oil lost 2.9% for the week. April gold settled at $1,572.80 an ounce, down $5.80 for the session. That was the lowest settlement for a most-active contract in seven months, MarketWatch reported.

The Canadian dollar was down 0.0027 at 0.9797 US. It earlier hit an eight-month low of 0.9751.

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This article appears in: Investing , Commodities

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