Canada's main stock index rose on Wednesday, boosted by gains in precious metals miners, while Alamos Gold was among the best performers after it announced a deal to buy smaller rival Argonaut.
The TSX Composite gained 88.66 points to move into .
Canada s main stock index rose on
Wednesday to a new all-time high, benefiting from investors
adding more shares in mining and financial companies to their
portfolios near the end of the quarter. .
Toronto stocks gained ground with both hands Wednesday, drawing the strength of health-care and gold stocks.
The TSX Composite gained 194.56 points to close Wednesday at 22,107.08.
The Canadian dollar edged 0.05 cents lower to 73.68 cents .
Index Climbs On Mining Strength menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The Canadian market ended on a firm note on Wednesday thanks to sustained buying at several counters in healthcare and materials sectors. Real estate, consumer discretionary, utilities, industrials and energy stocks were among the other notable gainers.