Bay Street stocks moved up at open Thursday amid marginal buying in commodity stocks, with the S&P/TSX Composite Index adding 58.03 points or 0.48 percent to 12,186.92.
The Global Gold Index gathered nearly 1 percent, with Detour Gold (DGC.TO) gaining over 2 percent. Agnico-Eagle Mines (AEM.TO), Barrick Gold (ABX.TO) and Goldcorp. (G.TO) were up around 1 percent each.
In the oil patch, Niko Resources (NKO.TO), Bonterra Energy (BNE.TO) and Baytex Energy Corp. (BTE.TO) moved up around 1 percent each.
Meanwhile, telecommunications company Aastra Technologies (AAH.TO) lost nearly 8 percent despite reporting a sharp increase in first-quarter net profit
Convenience stores operator Alimentation Couche-Tard (ATD_A.TO) and pharmacy benefit management services provider SXC Health Solutions (SXC.TO) were slipping around 2 percent after recording big gains in the previous session.
by RTT Staff Writer
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