Canadian Market Moderately Higher; Energy, Utilities Shares Rise forextv.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forextv.com Daily Mail and Mail on Sunday newspapers.
The Canadian market is up in positive territory in late morning trades on Friday with stocks from energy and utilities sectors turning in a fine performance..
Despite concerns about the outlook for Fed interest rates, the Canadian market ended on a positive note on Thursday, thanks largely to some sustained buying at several counters in the materials and utilities sectors.
The Canadian market recovered from early lows and settled just marginally down on Monday as investors stayed largely cautious ahead of some crucial economic events, including Bank of Canada's monetary policy announcement.