Toronto stock market recovers some of last week’s losses on quiet day of trading

Toronto stock market recovers some of last week’s losses on quiet day of trading
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TORONTO — Canada’s main stock index started the week by recovering some of last week’s losses on broad-based gains during a quiet day of trading.

The S&P/TSX composite index closed up 116.62 points to 16,346.66.

U.S. stock markets were closed for the Memorial Day holiday.

The Canadian dollar traded at an average of 74.39 cents US compared with an average of 74.37 cents US on Friday.

The July crude contract was up 60 cents at US$59.23 per barrel and the July natural gas contract was down 3.4 cents at US$2.58 per mmBTU.

The June gold contract was up 80 cents at US$1,284.40 an ounce and the July copper contract was up 1.45 cents at US$2.71 a pound.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

The Canadian Press

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