Markets

TSX Up 24 Points Mid-Afternoon; Financials, Info Tech Still In The Lead

The TSX rose 24 points in the mid-afternoon session, boosted mostly by financial and info tech stocks.

Sentiments were boosted by U.S. President Donald Trump's signing of a number of executive orders, which markets see as pro-growth.

Meanwhile, oil prices were barely changed after the U.S. Energy Information Administration reported a 2.8 million barrel rise in crude stocks when the Street had been expecting a 2 million barrel increase.

Financial and info tech stocks advanced 0.9%. Energy gained 0.1%. On the negative side, mining shed 1.8% while materials retreated by 0.8%.

Total volume traded was 271.5 million shares. Northern Dynasty Minerals (NDM.TO) was the most actively traded stock.

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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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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