TSX Up 26 Points Mid-Afternoon; Materials, Healthcare Still In The Lead
The TSX rose 26 points in the mid-afternoon session, still led by material stocks, although energy shares continued to limit gains.
Action Economics said copper touched 21-month highs as BHP Billiton declares force majeure due to strikes and vandalism at mines in Chile. In addition, stronger China trade data reported late last week has helped support prices.
Mining and metals advanced 0.8% and 1.9%, respectively, while healthcare were ahead 1.0%. On the negative side, energy shed 0.8% while utilities slipped 0.3%.
Total volume traded was 224.1 million shares. NexGen Energy (NXE.V) was the most actively traded stock.
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