Markets

TSX Up 106 Points Mid-Afternoon; Energy, Utilities In The Lead

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The TSX surged 106 points in the mid-afternoon session, with energy and utilities still as the biggest gainers.

Oil prices were back above US$45/barrel, following reports of an attack on a Nigerian pipeline and some chatter that OPEC would push for agreement on production caps when in meets in Vienna at the end of Nov.

Energy and utilities advanced 3.1% and 1.2%, respectively. On the negative side, mining and metals shed 1.1% and 2.3%, respectively.

Total volume traded was 302 million shares. Canopy Growth (CGC.TO) was the most actively traded stock.

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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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