Sep 27, 2012 / 6:58 am
The Toronto Stock Exchange was higher at the open Thursday as commodity prices gained ground on expectations that China may move to stimulate its economy.
The S&P/TSX composite index added 47.75 points to 12,280.61.
The Canadian dollar lifted 0.19 of a cent to 101.69 cents US as investor sentiment improved slightly.
Wall Street also opened higher, with the Dow ahead 48.42 points to 13,461.93, the Nasdaq 8.79 points higher at 3,102.49 and the broader S&P 500 up 5.73 points at 1,439.05.
The benchmark New York oil contract was ahead $1.09 at US$91.07 a barrel, the December gold contract added $12.40 to US$1,766 an ounce and the December copper contract rose two cents to US$3.73 a pound.
The market gains were helped by expectations that the People's Bank of China will soon take more steps to stimulate the world's No. 2 economy.,
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|QHR Technologies Inc||0.58||-0.03|
|Anavex Life Sciences||0.55||0.00|
|Copper Mountain Mining||1.77||+0.15|
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