Markets

TSX at 2pm: TSX Modestly Positive Following Two Days of Losses

The Toronto stock market was higher in afternoon trading following a better-than-expected report on U.S. consumer confidence. The University of Michigan's consumer sentiment survey index came in at 84.9 in November, the highest reading since July 2007.

The S&P/TSX Composite Index was up 12 points to 12,203, retreating from session highs of 12,251.

Telecom and consumer issues gained ground along with financials, offset by losses in health care and energy.

Heavily traded Platinum Group Metals (PTM.TO) was flat, while Bombardier (BBD-B.TO) added 1% and Manulife Financial (MFC.TO) gained 3%.

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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