CANADA STOCKS-TSX climbs on energy bounce, still set for second weekly drop [Reuters]
HEXO Corp. - Common Shares (HEXO)
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Source: Reuters
CANADA STOCKS-TSX climbs on energy bounce, still set for second weekly drop - Reuters 2 Min Read March 20 (Reuters) - Canada’s main stock index rose on Friday, powered by energy stocks that tracked higher oil prices, as policymakers across the world poured unprecedented aid into the global economy to stop a coronavirus-driven recession. * At 9:39 a.m. ET (1339 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 234.19 points, or 1.92%, at 12,404.71. * The main index has fallen 9.7% this week, putting it on track to record its second straight weekly decline. * The index has also fallen 31.7% from its record closing high in February. * The energy sector climbed 5.3%, the most among all major sub-indexes. * The financials sector gained 2.4%. The industrials sector rose 1.8%. * The materials sector, which includes precious and base metals miners and fertilizer companies, added 0.2% as gold prices jumped 3%. * On the TSX, 193 issues were higher, while 35 issues declined for a
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