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TSX Edges Up At Open Friday

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Bay Street stocks edged up at open Friday amid buying in base-metals and energy stocks, with the S&P/TSX Composite Index adding 49.22 points or 0.39 percent to 12,602.70.

The Diversified Materials Index was up over 1 percent, with First Quantum Minerals (FM.TO) gaining 2 percent, Inmet Mining (IMN.TO) and Teck Resources (TCK_B.TO) moved up over 1 percent each.

In the oil patch, Lundin Petroleum (LUP.TO) and Petrobank Energy (PBG.TO) were up around 2 percent each.

Meanwhile, gold stocks were trading lower as bullion prices retreated from recent highs.

Agnico Eagle Mines (AEM.TO), Barrick Gold (ABX.TO) and Goldcorp. (G.TO) were down around 2 percent each..

Smartphone maker Research In Motion (RIM.TO) was down 2 percent.

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