Canadian News

TSX Edges Up At Open Thursday

Toronto stocks edged up at open Thursday amid marginal buying across a variety of sectors, with the S&P/TSX Composite Index adding 20.58 points or 0.17 percent to 11,801.62.

In the oil patch, Crescent Point Energy (CPG.TO) and Pacific Rubiales Energy (PRE.TO) were up around 3 percent each.

Canadian Natural Resources Ltd. (CNQ.TO) gained 2 percent despite posting lower second-quarter net earnings.

Financial sector services provider Davis + Henderson Corp. (DH.TO) added over 2 percent even after posting lower second-quarter net income.

Among gold stocks, Royal Gold (RGL.TO) and Allied Nevada Gold (ANV.TO) were down around 1 percent each.

Gold miner Kinross Gold (K.TO) slipped nearly 2 percent after reporting lower second-quarter net earnings

Gold-focused royalty company Franco-Nevada Corp. (FNV.TO) eased 0.50 percent after reporting a marginally higher second quarter net profit.

Quick service restaurant chain Tim Hortons Inc. (THI.TO) was down 1.50 percent after reporting second-quarter net income that came in-line with consensus estimates.

by RTTNews Staff Writer

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