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TSX rises  0.54 percent to 16,271.65


The Toronto Stock Exchange's TSX rises 0.54 percent to 16,271.65

* The Toronto Stock Exchange's TSX rises 0.54 percent to 16,271.65

* Leading the index were Kelt Exploration Ltd KEL.TO, up 10.4 percent, MEG Energy Corp MEG.TO, up 9.9 percent, and Peyto Exploration & Development Corp PEY.TO, higher by 8.8 percent.

* Lagging shares were Labrador Iron Ore Royalty Corp LIF.TO, down 4.0 percent, Shopify Inc SHOP.TO, down 2.9 percent, and CannTrust Holdings Inc TRST.TO, lower by 2.6 percent.

* On the TSX 167 issues rose and 66 fell as a 2.5-to-1 ratio favored advancers. There were 22 new highs and 6 new lows, with total volume of 181.7 million shares.

* The most heavily traded shares by volume were Encana Corp ECA.TO, Suncor Energy Inc SU.TO and Barrick Gold Corp ABX.TO.

* The TSX's energy group .SPTTEN rose 3.70 points, or 3.1 percent, while the financials sector .SPTTFS climbed 1.43 points, or 0.5 percent.

* West Texas Intermediate crude futures CLc1 rose 1.82 percent, or $1, to $55.93 a barrel. Brent crude LCOc1 rose 1.6 percent, or $0.95, to $60.46 O/R

* The TSX is up 13.6 percent for the year.

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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