Bay Street stocks opened higher Tuesday amid marginal buying in energy and base-metals stocks, with the S&P/TSX Composite Index adding 27.79 points or 0.23 percent to 11,866.12.
The Diversified Materials Index moved up 0.50 percent, with Teck Resources (TCK_B.TO) adding over 1 percent. First Quantum Minerals (FM.TO) and Inmet Mining (IMN.TO) edged up marginally.
Fertilizer makers Potash Corp. (POT.TO) and Agrium Inc. (AGU.TO) added around 1 percent each.
In the oil patch, Baytex Energy Corp. (BTE.TO) rose nearly 2 percent after reporting improved second-quarter net income
Meanwhile, international oil and gas company Niko Resources Ltd. (NKO.TO) eased nearly 1 percent after reporting a wider first-quarter net loss.
Gold stocks were trading lower amid flat bullion prices. Goldcorp. (G.TO), Agnico-Eagle Mines (AEM.TO) and Barrick Gold (ABX.TO) were down around 050 percent each.
Factory automation systems company ATS Automation Tooling Systems (ATA.TO) slipped 0.50 percent despite turning to profit in first-quarter.
by RTT Staff Writer
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