Canadian News

TSX Up At Open Friday

Toronto stocks moved up at open Friday amid buying in commodities, with the S&P/TSX Composite Index adding 59.00 points or 0.46 percent to 12,468.25.

Among base-metals stocks, First Quantum Minerals (FM.TO) rose close to 3 percent. Inmet Mining (IMN.TO) and Teck Resources (TCK_B.TO) were up over 1 percent each.

Among gold plays, Centerra Gold (CG.TO) gained over 5 percent and Allied Nevada Gold (ANV.TO) was up nearly 3 percent.

Detour Gold (DGC.TO), Barrick Gold (ABX.TO) and Goldcorp. (G.TO) gathered around 1 percent each

In the oil patch, Cenovus Energy (CVE.TO), Baytex Energy Corp. (BTE.TO) and Trilogy Energy (TET.TO) moved up around 1 percent each.

Wealth management company Gluskin Sheff + Associates Inc. (GS.TO) added 1 percent despite reporting lower fourth quarter net income

Meanwhile, YM BioSciences Inc. (YM.TO) lost nearly 4 percent even after reporting a narrower fourth quarter net loss.

Research In Motion (RIM.TO) was down 3 percent after suffering service outage across Europe, the Middle East and Africa.

by RTTNews Staff Writer

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