Canadian stock market rising for 11th day

Source: Xinhua| 2019-01-19 07:06:16|Editor: Lu Hui
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TORONTO, Jan. 18 (Xinhua) -- Canada's main stock market kept rising Friday, gained ground for the 11th straight session as the price of crude rose to its highest level in nearly two months.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index rose 92.61 points, or 0.61 percent, to end Friday at 15,303.83 points.

The Canadian dollar edged up 0.03 cent to 0.7532 U.S. dollar.

On the market, a total of 149 issues rose while 88 ones fell. There were four new highs and one low, with a total volume of 293.5 million shares.

The energy sector gained 1.14 points, or 0.75 percent while the financial group rose 2.42 points, or 0.84 percent.

Among the tech group, BlackBerry added 20 cents, or nearly 2 percent, to 10.40 Canadian dollars while Constellation Software rose 16.92 dollars, or 1.8 percent, to 938.78 Canadian dollars.

In the financial stocks, CIBC gained 1.25 dollars, or 1.2 percent, to 109.82 Canadian dollars while Manulife Financial advanced 32 cents, or 1.5, to 21.38 Canadian dollars.

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

Aurora Cannabis Inc. fell 17 cents, or 1.95 percent, to 8.53 Canadian dollars on 24.4 million shares.

MEG Energy Corp. lost 15 cents, or 2.73 percent, to 5.35 Canadian dollars on 12.4 million shares.

Bombardier Inc. climbed one cent, or 0.48 percent, to 2.10 Canadian dollars on 11.4 million shares.

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