Canada Stocks: Energy shares drive gains on TSX

Labrador Iron Ore Royalty

30/01/2019 15:07

Jan 30 (Reuters) - Canada's main stock index rose on
Wednesday, as energy shares were boosted by a more than 1
percent gain in crude oil prices.
    * Oil was boosted by concerns about supply disruptions
following U.S. sanctions on Venezuela's oil industry but pegged
back by concerns on global economic growth.
    * The energy sector  .SPTTEN  edged higher 0.6 percent, the
most among the 9 sectors trading higher.
    * At 9:38 a.m. ET (14:38 GMT), the Toronto Stock Exchange's
S&P/TSX composite index  .GSPTSE  was up 14.72 points, or 0.1
percent, at 15,477.86.
    * On the TSX, 135 issues were higher, while 92 issues
declined for a 1.47-to-1 ratio favouring gainers, with the
traded volume touching 12.80 million shares.
    * The largest percentage gainer on the TSX was Precision
Drilling  PD.TO , which surged 9 percent after updating its 2019
debt repayment and free cash flow forecast.
    * Labrador Iron Ore Royalty Corp  LIF.TO , which rose 5.5
percent, was the second biggest gainer on the main index.
    * The largest percentage loser on the TSX was Cannabis
producer Cronos Group Inc  CRON.TO , which fell 2.4 percent.
This was followed by Celestica  CLS.TO , down 2.2 percent.
    * The most heavily traded shares by volume were Aurora
Cannabis  ACB.TO , Nautilus Minerals  NUS.TO  and the Green
Organic Dutchman Holdings  TGOD.TO .
    * The TSX posted one new 52-week high and no new low.
    * Across all Canadian issues, there were seven new 52-week
highs and one new low, with total volume touching 21.96 million
shares.

 (Reporting by Amy Caren Daniel in Bengaluru; Editing by James
Emmanuel)
 ((Amy.CarenDaniel@thomsonreuters.com ; within U.S.
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