TSX climbs as gold and energy stocks rise
Trader Leon Montana works on the floor of the New York Stock Exchange, Tuesday, Aug. 19, 2014. (AP / Richard Drew, File)
The Canadian Press
Published Monday, February 29, 2016 9:33AM EST
Last Updated Monday, February 29, 2016 4:31PM EST
TORONTO -- The Toronto stock market added on a moderate gain at the close, buoyed by a rise in climbing gold and energy prices.
The S&P/TSX composite index jumped 62.56 points at 12,860.35 as stocks in companies that deal in gold, metals and oil led advancers on the commodity-heavy weighted exchange.
It was a contrast to Wall Street where all major indexes were lower.
The Dow Jones industrial average fell 123.47 points at 16,516.50.
The Nasdaq composite dipped 32.52 points at 4,557.95 while the broader S&P 500 composite index lost 15.82 points to 1,932.23.
The loonie declined 0.10 of a U.S. cent to 73.90 cents US.
In commodities, the April contract for benchmark crude oil was at US$33.75 a barrel, up 97 cents, and April natural gas was down eight cents at US$1.71 per mmBtu.
The April gold contract was up $14 at US$1,234.40 an ounce and May copper was unchanged at US$2.13 per pound.