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CANADA STOCKS-Resource shares help Toronto market extend recent rally
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CANADA STOCKS-Resource shares help Toronto market extend recent rally
Mar 13, 2024 1:36 PM

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TSX ends up 0.6% at 21,970.11

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Commodity-linked shares gain

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Oil settles 2.8% higher

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Gold and copper prices climb

(Updates at market close)

By Fergal Smith

March 13 (Reuters) - Canada's main index advanced on

Wednesday for a third straight day as higher commodity prices

boosted the shares of energy and metal mining companies.

The Toronto Stock Exchange's S&P/TSX composite index

ended up 139.09 points, or 0.6%, at 21,970.11, its

highest closing level since April 2022.

The materials group, which includes precious and base metals

miners and fertilizer companies, rose 3% as gold and copper

prices climbed.

The price of oil also rose, settling 2.8% higher at $79.22 a

barrel. That helped lift the energy sector to a 1.7% gain, while

technology added 0.8%.

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