TSX Up 37 Points Mid-Afternoon; Miners, Healthcare Still In The Lead
The TSX rose 37 points in the mid-afternoon session, still on climbing mining and healthcare stocks. Utility shares turned positive, leaving energy as the sole decliner.
Gold and oil were lower amid a relatively quieter session, hurt by the strengthening dollar. Oil was also pressured by concerns about the OPEC not cutting production despite the persistent imbalance between supply and demand. At last glance, the bullion was down 0.20% at US$1,071.10/ounce, while Brent plunged 1.54% to US$45.46/barrel.
The mining and healthcare group were up 3.28% and 1.45%, respectively, while utilities rose 0.30%. On the negative side, energy was down 0.42%.
Total volume traded stood at 80.1 million shares. Petrowest (PRW.TO) was the most actively traded stock.
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