Sep 25, 2012 / 7:10 am
The Toronto stock market shot ahead out of the gate Tuesday as higher commoditity prices led broad gains.
The S&P/TSX composite index moved up 47.64 points to 12,361.18. The TSX Venture Exchange fell 0.81 of a point to 1,332.65.
The Canadian dollar increased 0.09 of a cent to 102.26 cents US.
In commodities, November crude on the New York Mercantile Exchange moved up 71 cents to US$92.64 a barrel. The TSX energy sector gained 0.06 per cent.
The gold sector rose 1.2 per cent as December bullion increased $9.10 to US$1,773.70 an ounce. December copper was ahead 2.8 cents to US$3.76 a pound.
A report from Statistics Canada said retail sales rose 0.7 per cent to $39 billion in July, more than offsetting a decline in June.
Read more Business News
|QHR Technologies Inc||0.61||+0.06|
|Anavex Life Sciences||0.55||+0.02|
|Copper Mountain Mining||1.62||+0.10|
The majority of Canadians prefer to make their big move during the summer season. There are a variety of reasons for choosing this time of year: it is easier to transport boxes in non-icy condition...
It appears as though more people these days are looking for an investment in real estate which offers cash flow returns. The fundamentals of cash flow type properties had been turned upsi...
Getintheloop Marketing Ltd. recently launched their membership platform, Getintheloop.ca. The new website offers an exclusive members area for access to discounts in the South Okanagan on premium res...
- Bangladesh to raise wages
- Open for business
- 'Gatsby' earns $51.1M, 'Iron Man' $72.5M
- Chrysler recalls nearly 470,000 SUVs
- Bell not interested in selling more Astral
- Loonie dips over a quarter
- Taxman and the offshore tax havens
- Sharktopus views turns on YouTube TV
- Social media makes Disney blink
- BCE looks to cut $170 million
- TD Bank: Loonie could fall to 90 cents US
- Mixed results for North American markets