CANADA STOCKS-Energy rally helps TSX hover at record levels [Reuters]
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Source: Reuters
CANADA STOCKS-Energy rally helps TSX hover at record levels - Reuters 2 Min Read Sept 16 (Reuters) - Canada’s main stock index held at all-time highs on Monday as energy stocks were on track to post their best day in nearly three years after an attack on Saudi Arabian oil facilities sent oil prices soaring. * At 19:11 a.m. ET (13:41 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 49.12 points, or 0.29%, at 16,731.54, staying near Friday’s record high. * The energy sector jumped 6.8%, set to log its biggest one-day percentage gains since November 2016 as an attack on Saudi Arabia that shut 5% of global crude output triggered the biggest surge in oil prices in 28 years. * The most heavily traded shares by volume were oil producers and explorers Encana Corp, Crescent Point , and Baytex Energy Co. * The materials sector, which includes precious and base metals miners added 1% after gold prices jumped as investors sought safety in the precious metal. * On the TSX, 117 iss
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