TORONTO, July 20 (Xinhua) -- Canada's main stock market continue rising Thursday to a three-week high due largely to gains in telecom stocks, but energy shares lost ground as oil prices fell.
The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index closed up 19.93 points, or 0.13 percent, at 15,264.64. Seven of the index's 10 main groups ended higher.
Rogers rose 87 cents, or 1.4 percent, to 64.88 Canadian dollars after reporting better-than-expected quarterly profit on the back of strong growth in its wireless business that offset declines in cable.Elsewhere in telecoms, BCE tacked on 42 cents to 58.72 Canadian dollars.
Energy stocks ran out of gas, so to speak, by the close, with Crescent Point Energy, well, pointing lower 42 cents, or 4.3 percent, to 9.41 Canadian dollars, while Encana Corporation slid 36 cents, or 2.9 percent, to 12.17 Canadian dollars.
The Canadian dollar added 0.12 cents to 0.79.45 U.S dollar while oil prices gave back 33 cents to 46.73 U.S. dollars a barrel and gold prices surged 1.40 to 1,243.40 U.S dollars an ounce.
