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TSX rises as energy, mining shares jump

Started by riky, May 13, 2014, 09:00:27 AM

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riky

TSX rises as energy, mining shares jump

<p><a href="http://news.yahoo.com/tsx-futures-point-higher-start-canadian-stocks-114024630--finance.html"><img src="http://l3.yimg.com/bt/api/res/1.2/M0M5EG4.BUwsDj3tcOE3kQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2014-05-12T114024Z_1_CBREA4B0WFE00_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 John Tilak TORONTO (Reuters) - Canada's main stock index rose on Monday, reversing some of the previous week's losses, as shares of natural resource companies were buoyed by advances in the prices of commodities such as gold, copper and oil. Commodity prices benefited from worries about the situation in eastern Ukraine, where pro-Moscow rebel leaders called for their region to become part of Russia, the day after staging a referendum on self-rule. The Toronto market's advance came on the heels of a 1.6 percent drop in the previous week caused by concerns over Ukraine and a selloff in energy stocks. \&quot;We're seeing a new interest in oil and gas,\&quot; said Michael Simpson, senior portfolio manager at Sentry Investments.</p><br clear="all"/>

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