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Banks, Energy Stocks Power TSX

Baystreet.ca
Updated

Stocks in Toronto opened higher on Friday, boosted by the heavyweight financial and energy sectors as shares of oil companies were lifted by the higher price of crude. The S&P/TSX Composite Index climbed 67.68 points to begin the week’s last session at 15,738.30 The Canadian dollar dropped 0.16 cents at 76.45 cents U.S. RBC raised the rating on Intact Financial to outperform from sector perform. Intact shares gained $1.60, or 1.6%, to $99.72. CIBC initiates coverage on Slate Office Click here to view full article.