TSX Narrows Loss at Mid-Afternoon As Healthcare Swings to Gain, Miners Extend Rally; Down Near 13 Points

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The TSX narrowed its losses from earlier to 13 points in mid-afternoon trading, reaching 15,442.56, after healthcare stocks swung to a gain and miners continued their climb. The Canadian benchmark index hovered in record territory last week, touching 15,503.40.

Middle Eastern tensions eased after Israel reportedly toned down its offensive in the Gaza Strip, driving crude oil prices lower by 0.18%. As a result, energy stocks were down 0.75%. Industrial shares also remained in the negative territory, down 0.32%.

Meanwhile, miners were up 1.18%, extending their early rally with help from rising gold prices . Healthcare turned to a 0.35% gain from a loss at midday. The heavyweight financials rose 0.20%.

More than 144 million shares have changed hands so far. Athabasca Oil (ATH.TO) was the most actively traded.



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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