Stocks in Canada’s largest market picked themselves up by their own bootstraps and moved into positive country to end the week, largely on the strength of gold and utility concerns.
The TSX gathered 41.57 points to end Friday at 19,501.49. On the week, the index took on 113 points, or 0.6%.
The Canadian dollar eased back 0.09 cents to 72.80 cents U.S.
Among utilities, Algonquin Power and Utilities jumped 35 cents, or 3.3%, to $10.98, while Fortis surged $1.60, or 2.9%, to $56.12.
Gold had a solid finish, with OceanaGold shining 13 cents brighter, or 4.1%, to $3.27, while NovaGold picked up 20 cents, or 2.5%, to $2.50.
Staples were also respectable, as Jamieson Wellness added 47 cents, or 1.5%, to $31.80, while Primo Water prospered 29 cents, or 1.5%, to $19.88.
Energy weighed things down, however, with Suncor faltering 69 cents, or 1.7%, to $39.84, while Crescent Point Energy … Read more