TORONTO – Canada’s main stock index edged higher Thursday, as strength in base metal stocks helped outweigh weakness in telecom and utilities.
The S&P/TSX composite index closed up 21.68 points at 25,073.36.
Stock markets in the U.S. were closed in observance of a national day of mourning for former president Jimmy Carter.
The Canadian dollar traded for 69.47 cents US compared with 69.49 cents US on Wednesday.
The February crude oil contract was up 60 cents at US$73.92 per barrel and the February natural gas contract was up five cents at US$3.70 per mmBTU.
The February gold contract was up US$18.40 at US$2,690.80 an ounce and the March copper contract was up five cents at US$4.31 a pound.
This report by The Canadian Press was first published Jan. 9, 2025.
Companies in this story: (TSX:GSPTSE, TSX:CADUS
