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TSX Up 27 Points at Midday As Miners Rise, But Climb Limited by Slumping Health Care Stocks

The TSX was up by a modest 27 points at midday, helped by notable advances in mining and utility stocks, but soft health care shares kept gains in check.

In the news were oil prices , which rose ahead of Wednesday's EIA U.S. production report, which is expected to reveal slowing U.S. production figures. At last check, Brent crude was up 2.32% at US$48.44/barrel, while the WTI jumped 2.23% to US$45.42/barrel. The U.S. dollar was strong on Tuesday, hurting gold prices , which were down slightly at US$1,131.20/ounce. Copper was up 0.13% at US$2.2545/pound.

At midday, the mining and energy sectors were up 1.01% and 0.26%, respectively. Utilities added 0.68%, and the heavyweight financials edged up 0.23%. On the negative side were health care and industrials, shedding 1.43% and 0.17%, respectively.

Total volume traded so far reached 130.3 million shares. First Quantum Minerals (FM.TO) was the most actively moving 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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