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TSX opens higher as energy, mining stocks gain - BNN Bloomberg

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Canadian stocks opened higher Thursday morning amid broad-based gains led by Canada’s mining and energy sectors.

Thursday's early morning increase erases the 104.5 point drop that the TSX closed on Wednesday.

Thursday morning’s trading activity occurs as Canadian markets react to the news that Canada’s trade surplus beat expectations in May. In the international energy sector, Shell Plc said it added over US$1 billion in earnings to its refining business last quarter, on higher margins from fuel production.

Amid market volatility, David Bailin, the chief investment officer of Citi Global Wealth Investments, said there are ways for investors to best position themselves.

 

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