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11.07.2016 22:23:56

TSX Up Another 100 Points -- Canadian Commentary

(RTTNews) - Canadian stocks rose Monday, with strength in the mining and financial sectors powering Toronto's main index near its highs of the year.

The S&P/TSX Composite Index was up 102.04 points, or 0.72 percent, to 14,361.88.

Energy stocks were down fractionally. August WTI crude fell 65 cents, or 1.4 percent, to settle at $44.76 a barrel on the New York Mercantile Exchange.

Mining stocks were up 3.5 percent amid hopes for increased demand from the U.S. after last week's blockbuster June jobs report.

Bombardier (BBD.B.TO) says the first CS300 passenger jet will be delivered in the fourth quarter of this year. The stock was up 5 percent.

Thomson Reuters (TRI, TRI.TO) will sell its Intellectual Property & Science business to private equity funds affiliated with Onex Corp. and Baring Private Equity Asia for $3.55 billion in cash. Shares were up 2 percent.

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