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.
Copyright (C) 2016 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.