Toronto stocks higher as energy sector gains ground amid higher oil prices

Toronto stocks higher as energy sector gains ground amid higher oil prices
Share this article

TORONTO — Canada’s main stock index was higher in late-morning trading as the energy sector headed up amid rising oil prices, while U.S. stocks also gained ground.

The S&P/TSX composite index was up 67.97 points at 15,078.70.

In New York, the Dow Jones industrial average was up 343.58 points at 24,629.53. The S&P 500 index was up 33.55 points at 2,666.11, while the Nasdaq composite was up 112.24 points at 7,051.22.

The Canadian dollar traded for 75.57 cents US compared with an average of 75.60 cents US on Friday.

The January crude contract was up US$1.40 at US$51.82 per barrel and the January natural gas contract was down 18.2 cents at US$4.17 per mmBTU.

The December gold contract was down 20 cents at US$1,223.00 an ounce and the December copper contract was down 0.15 of a cent at US$2.77 a pound.

The Canadian Press

Related posts

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.