Toronto stock market gets pre-Christmas lift in quiet day of trading

Australia News News

Toronto stock market gets pre-Christmas lift in quiet day of trading
Australia Australia Latest News,Australia Australia Headlines

Canada's main stock index showed some pre-Christmas spirit Tuesday, with a modest gain and a record close ahead of a two-day holiday.

Strength came from the gold stocks, as futures prices for bullion rose. The February gold contract gained $15.40 to US$1,504.10 an ounce and the March copper contract was up 1.7 cents at US$2.826 a pound.Among the biggest percentage gains Tuesday, was Conifex Timber Inc. on news that it will sell three sawmills in Florida and Arkansas for US$163 million cash. Conifex shares closed at 76 cents, up 44 cents or 138 per cent.

Aurora shares closed at $2.62, down three cents or about one per cent, after trading as low as $2.50 earlier in the session. "It's kind of a nothing day overall. Everyone's trying to bug out for the holidays," said Allan Small, senior investment adviser at HollisWealth.

 

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Global stocks mixed in quiet holiday tradingGlobal stocks mixed in quiet holiday tradingGlobal stocks were mixed on Tuesday after stocks closed modestly higher on Wall Street, extending the major indexes' milestone-shattering run.
Read more »



Render Time: 2025-01-10 16:50:05