TSX Pushes Higher, Now Up 57 Points, Industrials Biggest Gainer in Broad Surge

By MidnightTrader.com Staff,

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Canada's main stock index rose 57 points in the mid-afternoon session, building on the midday gain of 51 points. Gains were across major sectors, with industrials posting the biggest advance of 0.78%. It was followed by healthcare, which rose 0.70%. Financials came in third, up 0.52%.

Despite lower prices for key commodities, mining and energy stocks were higher by 0.46% and 0.28%, respectively. Info tech also remained strong, up 0.09%, even as Blackberry (BB.TO) shares tumble nearly 3% on news the troubled company agreed to go private for $4.7 billion.

Utilities, the biggest gainer at midday, rose 0.45% in the mid-afternoon trade.

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

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.

This article appears in: Investing Commodities
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