TSX Close: Toronto Stocks Finish Week in Positive Territory

By MidnightTrader.com Staff,

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The Toronto stock market ended the week on a positive note despite some mixed earnings reports and news of slowing U.S. economic growth.

The S&P TSX Composite Index rallied in afternoon trading, gaining 92 points, or 0.8% to close at 12237.75. Volume was 184 million shares traded.

Most of the TSX sub-sectors were higher, including materials, consumer staples and utilities. Health-care issues were in the red.

Mining stocks advanced paced by Agnico-Eagle Mines Ltd. (AEM.TO) which announced higher first quarter profits.

Gold stocks rose, including heavily traded Kinross Gold (K.TO) and Eldorado (ELD.TO)

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

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This article appears in: Investing Commodities
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