Canada’s main stock index rose on Friday led by mining shares as copper prices surged on a potential output cut by China. It was a volatile trading day that saw gains across the TSX capped by losses among tech stocks. The CSE took a big leap when it reported February trading of total listed securities of 1 billion shares in volume at a value of C$404 million.
Domestic housing data indicated that the Bank of Canada might not cut rates soon as the economy remains healthy.
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There was no happy ending south of the border as a feisty week wrapped up after a series of new inflation data reports, including consumer sentiment, import prices and industrial production, gave traders something to stress about ahead of the Federal Reserve’s policy meeting next week.
| TSX | 21,849.15 | +19.30 |  |
| TSXV | 550.90 | +1.43 | |
| CSE | 190.36 | +12.43 | |
| DJIA | 38,714.77 | -190.89 |  |
| NASDAQ | 15,973.17 | -155.35 | |
| S&P 500 | 5,115.95 | -34.53 | |
The Canadian dollar traded for 73.83 cents compared with 73.86 cents U.S. on Thursday.
U.S. crude futures traded $0.25 lower at $81.01 a barrel, and the Brent contract lost $0.14 to $85.28 a barrel.
The price of gold was down US$4.39 to US$2,157.18.
In world markets, the Nikkei was down 99.74 points to 38,707.64, the Hang Seng was down 240.77 points to 16,720.89, the FTSE was down 4.97 points to 7,738.18, but the DAX was up 50.12 points to 17,992.16.
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