Canadian stock market rising

Source: Xinhua| 2017-11-18 09:41:19|Editor: liuxin
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TORONTO, Nov. 17 (Xinhua) -- Canada's main stock index rose Friday due to gains in health-care and resource stocks.

However, losses from earlier in the week meant the index ended the week lower than it started for the first time in more than two months.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index edged up 63.20 points, or 0.40 percent to close the day at 15,998.67. Seven of its 10 main groups rose.

It lost 0.25 percent over the course of the week. Before this week, the TSX had advanced for nine consecutive weeks, a feat not seen since late 1996.

The Canadian dollar edged up 0.02 cents to 0.78.34 U.S.dollar.

Canopy Growth surged 6.8 percent to 18.44 Canadian dollars while Aurora Cannabis surged 14 2.6 percent to 5.54 Canadian dollars.

Materials also enjoyed favour with buyers as Inter-Rock Minerals climbed 21.1 percent, to 43 cents, while First Quantum Minerals advanced 13 cents to 14.92 Canadian dollars.

Barrick Gold gained 20 cents, or 1.1 percent, to 17.96 Canadian dollars while Goldcorp rose 19 1.1 percent to 17.09 Canadian dollars.

Utilities were among the minority of slumping stocks, as Fortis Inc. shares dug declined 2.3 percent, to 47.49 Canadian dollars while Hydro One subtracted a dime to 22.41 Canadian dollars.

Among consumer staples, Metro dropped off six cents to 41.18 Canadian dollars while Empire Company, parent of the Sobeys chain, fell 24 cents, to 24.40 Canadian dollars.

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