Markets

TSX at 2pm: TSX Modestly Higher as Commodity Prices Rise

The Toronto stock market was higher in afternoon trading as commodity prices rose, however the gains were modest as traders looked ahead to the results of the U.S. presidential election.

The S&P/TSX Composite Index was up 18 points at 12,371, falling back from session highs of 12,395.

Gold stocks rose with bullion prices and the TSX's materials sector advanced 1.2%. Energy stocks were mostly weaker despite a rise in crude oil prices.

Heavily traded Uranium One (UUU.TO) was down 3% while North American Palladium (PDL.TO) added 2%.

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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