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Pin to quick picksTower Resources Share News (TRP)

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UPDATE 1-CANADA STOCKS-TSX ends higher alongside global stocks, oil, metals

Fri, 09th Mar 2018 21:24

By Nichola Saminather

TORONTO, March 9 (Reuters) - Canada's main stock indexclosed higher on Friday, lifted by strong gains in oil andmetals prices.

* The Toronto Stock Exchange's S&P/TSX composite indexended the day 39.11 points, or 0.25 percent, higher at15,577.81. It is up 1.26 percent for the week.

* The Canadian economy added 15,400 jobs in February after abig loss in January, but full-time positions shrank and wagegrowth decelerated.

* Ivanhoe Mines Ltd was the biggest gainer on theTSX, rising 6 percent.

* The 10 best performers on the index were dominated byenergy and mining companies, including Pretium Resources, Detour Gold and Freehold Royalties.

* Copper futures advanced 1.8 percent to $6,957.50 atonne, while U.S. oil futures jumped 3.2 percent to$62.03 a barrel.

* Gold futures reversed earlier losses to trade up0.1 percent at $1,323.50 an ounce.

* Even so, Yamana Gold was the biggest decliner onthe index, falling 5.6 percent. New Gold Inc andIAMGOLD Corp were also among the biggest losers, losing3.4 percent and 2.4 percent respectively.

* The world stocks index added 1.1 percent.The Nasdaq pulled up 1.7 percent to close at an all-timehigh as fears of inflation and aggressive interest rate hikesebbed after a slowdown in wage growth.

* The TSX consumer non-cyclicals group was the sector withthe most gains, rising 0.7 percent, while the healthcare groupposted the biggest declines, falling 0.45 percent.

* Yamana Gold and Bombardier Inc were the mostactively traded stocks on the index.

* There were 146 advancing issues and 92 declining ones.Twelve were flat.(Reporting by Nichola Saminather; Editing by Jonathan Oatis andRichard Chang)

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