Energy and financial stocks help boost S&P/TSX composite higher – Winnipeg Free Press

TORONTO – Canada’s main stock index was up in late-morning trading as gains the heavyweight energy and financial sectors helped lift the Toronto market higher.

The S&P/TSX composite index was up 40.46 points at 19,960.77.

The gains came with U.S. stock markets closed for the Memorial Day holiday.

The S&P TSX composite index screen at the TMX Market Centre in downtown Toronto is photographed on Friday, November 11, 2022. THE CANADIAN PRESS/ Tijana Martin

The Canadian dollar traded for 73.59 cents US compared with 73.41 cents US on Friday.

The July crude contract was down 13 cents at US$72.54 per barrel and the July natural gas contract was down six cents at US$2.35 per mmBTU.

The August gold contract was up US$2.00 at US$1,965.10 an ounce and the July copper contract was down less than a penny at US$3.68 a pound.

This report by The Canadian Press was first published May 29, 2023.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD=X)

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