TSX rises on Nutrien boost
The Toronto Stock Exchange’s S&P/TSX .GSPTSE rose 34.08 points, or 0.22 percent, to 15,842.71.
The biggest contributor to the TSX gain was Nutrien LTD (NTR.TO) with 7.82 net index points in the wake of its quarterly earnings late Tuesday. That helped boost materials sector .GSPTTMT as the top contributor with 13.76 net points.
Leading the index were Nevsun Resources Ltd (NSU.TO), up 16.8 percent, IAMGOLD Corp (IMG.TO), up 8.9 percent, and Valeant Pharmaceuticals International Inc (VRX.TO), higher by 8.9 percent.
Lagging shares were Labrador Iron Ore Royalty Corp (LIF.TO), down 10.7 percent, WestJet Airlines Ltd (WJA.TO), down 9.8 percent, and Seven Generations Energy Ltd (VII.TO), lower by 5.1 percent.
On the TSX 125 issues advanced and 121 declined as a 1-to-1 ratio favored advancers. There were 7 new highs and 2 new lows, with total volume of 238.6 million shares.
The most heavily traded shares by volume were Cenovus Energy Inc (CVE.TO), Baytex Energy Corp (BTE.TO) and Aurora Cannabis Inc <ACB.TO.
The TSX’s energy group .SPTTEN rose 0.01 points, or 0.01 percent, while the financials sector .SPTTFS climbed 0.60 points, or 0.2 percent.
The TSX is off 2.3 percent for the year.
resource:https://ca.reuters.com/article/businessNews/idCAKBN1I91EA-OCABS
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