Energy and industrials lift Toronto stock market, loonie edges higher

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TORONTO — Canada’s main stock index was up in late-morning trading, helped by broad-based support led by the energy and industrial sectors.

The S&P/TSX composite index was up 46.34 points at 16,276.38.

U.S. stock markets were closed for the Memorial Day holiday.

The Canadian dollar traded for 74.39 cents US compared with an average of 74.37 cents US on Friday.

The July crude contract was down a penny at US$58.62 per barrel and the July natural gas contract was down four cents at US$2.57 per mmBTU.

The June gold contract was up US$1.00 at US$1,284.60 an ounce and the July copper contract was up 1.15 cents at US$2.71 a pound.

 

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)