Toronto stocks moved up at open Tuesday amid buying in energy stocks, with the S&P/TSX Composite Index adding 20.27 points or 0.18 percent to 11,541.44.
In the oil patch, MEG Energy (MEG.TO) surged over 5 percent, while Cenovus Energy (CVE.TO) and Pacific Rubiales Energy (PRE.TO) were adding around 1 percent each.
Fertilizer maker Potash Corp. (POT.TO) gained 3 percent and Agrium Inc. (AGU.TO) added over 1 percent.
Among financial stocks, TD Bank (TD.TO), Royal Bank (RY.TO) and National Bank (NA.TO) gathered around 1 percent each.
Aerospace and industrial equipment maker Héroux-Devtek Inc. (HRX.TO) soared over 40 percent after it said it would be selling substantially all of its Aerostructure and Industrial Products operations to Precision Castparts Corp. (PCP) for C$300 million in cash.
Meanwhile, gold stocks were trading lower amid flat bullion prices. AuRico Gold (AUQ.TO) dived over 12 percent. Barrick Gold (ABX.TO) and Agnico-Eagle Mines (AEM.TO) slipped close to 1 percent each.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org