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TSX gains on Potash, banks; gold miners slip

Started by riky, April 25, 2014, 09:00:17 AM

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riky

TSX gains on Potash, banks; gold miners slip

<p><a href="http://news.yahoo.com/tsx-set-open-higher-results-apple-facebook-113648986--finance.html"><img src="http://l.yimg.com/bt/api/res/1.2/TwdYUoUHfLVKUt5.iw67rg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-04-23T120248Z_1_CBREA3M0XGR00_RTROPTP_2_CBUSINESS-US-MARKETS-CANADA-STOCKS.JPG" width="130" height="86" alt="Toronto Stock Exchange logo is seen in Toronto" align="left" title="Toronto Stock Exchange logo is seen in Toronto" border="0" /></a>By Alastair Sharp TORONTO (Reuters) - Canada's main stock index rose slightly on Thursday, helped by a gain in shares of Potash Corp after the company's results beat low expectations and by small increases in heavyweight banking stocks. The upward thrust was offset by declines in major gold miners and an 11.5 percent plunge in Colombia-focused oil company Pacific Rubiales Energy Corp . With the domestic stock market hitting highs last reached in mid-2008, stock pickers are taking a more nuanced view in building positions, resulting in long-maligned sectors such as energy producing winners and losers in almost equal measure. You're not seeing buying across the board,&quot; said Elvis Picardo, a strategist at Global Securities in Vancouver.</p><br clear="all"/>

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