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TSX Up At Open Friday

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

Toronto stocks edged up at open Friday amid buying in commodities, with the S&P/TSX Composite Index adding 33.72 points or 0.28 percent to 12,066.30.

The Diversified Materials Index rose nearly 1 percent, with Teck Resources (TCK_B.TO) gaining 4 percent. First Quantum Minerals (FM.TO) and Inmet Mining (IMN.TO) were up around 1 percent each.

Among gold plays, Iamgold (IMG.TO) gained about 2 percent, while royal Gold (RGL.TO), Goldcorp. (G.TO) and Barrick Gold (ABX.TO) were adding around 1 percent each.

In the oil patch, Lundin Petroleum (LUP.TO) and Baytex Energy Corp. (BTE.TO) added about 1 percent each.

Meanwhile, Niko Resources (NKO.TO) slipped about 2 percent.

Fertilizer maker Potash Corp. (POT.TO) shed 1 percent after announcing planned shutdown of its Saskatchewan mine for nearly a month.

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