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TSX At 10am -- Up 81 Points, As Ukraine Worries Ease, Boosted By Strong Housing Start Figures

The TSX is up 81 points this morning, with all sectors in positive territory, on reports of easing Middle Eastern conflict and tensions between Russia and Ukraine.

Canada Mortgage and Housing Corp figures hat Canadian housing starts continued to edge up in July, beating expectations. The pace of work on new homes rose 0.7% to a seasonally adjusted annual pace of 200,098 units, the fastest since October, from 198,665 in June.

Miners are the biggest gainers this morning, up 0.9%, followed by industrials, up 0.5%/

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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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