Strength in energy and industrial stocks help S&P/TSX composite move higher
Posted Nov 28, 2024 12:41:49 PM.
Last Updated Nov 28, 2024 12:45:11 PM.
TORONTO — Strength in the energy and industrial sectors helped Canada’s main stock index head higher in late-morning trading.
The S&P/TSX composite index was up 89.97 points at 25,578.27.
The move came with U.S. stock markets closed for the Thanksgiving holiday.
The Canadian dollar traded for 71.38 cents US compared with 71.25 cents US on Wednesday.
The January crude oil contract was down six cents at US$68.66 per barrel and the January natural gas contract was up five cents at US$3.25 per mmBTU.
The February gold contract was down US$1.20 at US$2,663.60 an ounce and the March copper contract was down a penny at US$4.13 a pound.
This report by The Canadian Press was first published Nov. 28, 2024.
Companies in this story: (TSX:GSPTSE, TSX:CADUSD)
The Canadian Press
