TSX Closes Up More Than 100 Pts, buoyed by resources stocks and positive US data

By MT Newswires,  November 24, 2010, 04:22:04 PM EDT

The TSX closed up more than 100 points on Wednesday, buoyed by resources and financial stocks here and the release of positive economic data in the United States, which pointed to an improving economy.

Eastern Platinum (ELR.TO) showed the way to all the rest, gaining 3% as the most actively traded stock. Close to 13 million shares were traded.

Royal Bank of Canada (RY.TO) led bank stocks forward as the Globe and Mail newspaper reported that Canada'sanks are asking the federal government for a broad review of the financial sector in the wake of a global economic crisis, and are pushing for new powers - including the right to get into the auto leasing business.




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.


This article appears in: Investing, Commodities

Referenced Stocks:



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