CANADA STOCKS-TSX at 3-week high as miners gain with metals prices

By Kitco News / February 26, 2018 / www.kitco.com / Article Link

(Updates prices to close)

TORONTO, Feb 26 (Reuters) - Canada's main stock index rose on Monday to a three-week high as gains in the prices of commodities such as gold and silver helped drive up shares of mining companies.

The Toronto Stock Exchange's S&P/TSX composite index closed up 76.21 points, or 0.49 percent, at 15,714.66, its highest since Feb. 2.

* Nine of the 10 main sectors on the index were in positive territory.

* The TSX posted seven new 52-week highs and two new lows. Across all Canadian issues there were 30 new 52-week highs and 20 new lows.

* The largest percentage gainer on the TSX was Tahoe Resources , which rose 20.8 percent, while the largest decliner was Maxar Technologies Ltd , down 7.7 percent.

* Among the most active Canadian stocks by volume were Bombardier , up 2.3 percent to C$4.07; Aurora Cannabis , down 3.9 percent to C$10.16 and Aphria Inc , down 7.0 percent to C$12.92.

* The materials sector, which includes mining stocks, was up 0.7 percent. The prices of gold, silver and copper were all trading higher.


(Reporting by John Tilak; Editing by James Dalgleish)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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