CANADA STOCKS-TSX edges higher on energy boost
Reuters
6 hrs ago
May 4 (Reuters) - Canada's main stock index rose on Tuesday, helped by energy stocks as crude prices gained on optimism over fuel demand, although data showing the country's C$1.1 billion trade deficit in March capped gains.
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* Oil prices rose after more U.S. states eased lockdowns and the European Union sought to attract travellers.
* Canada's trade balance shifted back to a deficit in March following two consecutive months of surplus, as imports jumped significantly while exports edged up slightly, Statistics Canada said.
* The energy sector climbed 0.7% as U.S. crude prices were up 1.7% a barrel, while Brent crude added 1.7%.