Markets

TSX at 2pm: TSX Rises 0.5% in Broad-Based Rally Led by Commodities

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The Toronto stock market was higher in afternoon trading as commodity prices rose following a World Bank report predicting economic growth in China.

The S&P/TSX Composite Index rose 68 points to 12,402, off session highs of 12,414.

Most of the TSX's sub-sectors were in positive territory, paced by technology, health care and materials. Financials and energy were also higher.

Heavily traded Uranium One (UUU.TO) gained 6% while Cline Mining (CMK.TO) rose 30% after falling to a 52-week low yesterday.

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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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