Canadian stock market rising Monday

Source: Xinhua| 2018-08-28 06:52:28|Editor: Mu Xuequan
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OTTAWA, Aug.27 (Xinhua) -- Canada's main stock market was up Monday due to strength in cannabis stocks and news that the United States and Mexico reached a deal on the North American Free Trade Agreement.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index rose 88.34 points,or 0.54 percent, to finish the day at 16,444.39 points.

The Canadian dollar edged up 0.79 cent to 0.77.16 U.S. dollar.

The energy group rose 1.59 points, or 0.79 percent while the financials sector climbed 1.06 points, or 0.34 percent.

The most heavily traded shares by volume on the market were Aurora Cannabis, jumping 7.7 percent, Aphria, rising 6.9 percent and Linamar, up 6.6 percent.

Lagging shares were Bombardier Inc., dropping three percent and Maxar Technologies Ltd, falling 2.7 percent, and Canadian Utilities Ltd., down 1.9 percent.

On the market,165 issues advanced and 72 declined.There were seven new highs and two new lows, with total volume of 213.1 million shares.

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