TSX up 66 Points With Healthcare, Miners Leading Broad Gains
The TSX is up 66 points with healthcare (+1.35%), miners (+1.22%) in the lead. Tahoe Resources (THO.TO) has surged 38% from 52-week lows after the Guatemala Supreme Court reinstated the company's Escobal license. Tahoe is also the most actively traded this morning.
Gold and silver are negative this morning, due to a stronger dollar after North Korea refrained from any missile or nuke tests over the weekend, and hurricane Irma is downgraded to a tropical storm. Both Harvey and Irma will likely impact crude demand negatively, keeping pressure on prices for the time being. Crude oil is now trading at US$47.19 down 0.61%.
The Energy sector, is however, up 0.53%.
Utilities is the sole negative, down 0.12%.
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