Canadian stock market up due to increasing industrial sector

Source: Xinhua| 2018-07-26 06:38:14|Editor: Mu Xuequan
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TORONTO, July 25 (Xinhua) -- Canada's main stock index closed up as gains in the industrial stocks outweighed declines from auto parts companies.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index rose 30.63 points,or 0.19 percent,to end the day at 16,420.76 points.

A total of 125 issues advanced and 118 declined as a 1.1-to-1 ratio favored advancers.

The energy group rose 0.78 points or 0.38 percent while the financials sector edged down 0.07 points or 0.02 percent.

Toromont Industries Ltd surged 14.7 percent and FirstService Corp. jumped 6.8 percent while Pretium Resources Inc. rose 5.5 percent.

Western Forest Products Inc. fell 4 percent and Interfor Corp lost 3.5 percent while CES Energy Solutions Corp. declined 3.5 percent.

The most heavily traded shares by volume were Aurora Cannabis Inc, Meg Energy Corp and New Gold Inc.

The Canadian dollar rose to 0.76.41 U.S. dollar.

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