Canadian News

TSX Up At Open Wednesday

Toronto stocks moved up at open Wednesday amid buying in metal stocks, with the S&P/TSX Composite Index adding 64.81 points or 0.51 percent to 12,807.24.

The Diversified Materials Index rose over 1 percent, with First Quantum Minerals (FM.TO) and Teck Resources (TCK_B.TO) gaining nearly 2 percent each.

The Global Gold Index was up over 2 percent, with Agnico-Eagle Mines (AEM.TO), Goldcorp. (G.TO) and Barrick Gold (ABX.TO) gaining around 3 percent each.

Meanwhile, independent, full-service investment dealer Canaccord Financial (CF.TO) lost over 1 percent even after reporting improved fourth-quarter net income

Multi-channel retailer Sears Canada Inc. (SCC.TO) eased 0.50 percent after slipping into the red in first quarter

In the oil patch, Suncor Energy (SU.TO) and Trilogy Energy (TET.TO) were down around 1 percent each.

by RTTNews Staff Writer

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