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Canada Stocks-TSX hits new 2016 high, energy stocks jump

2016-03-04 14:02:24| Energy - Topix.net

TORONTO, March 3 Canada's main stock index hit a 2016 high on Thursday as energy stocks rose despite a petered out oil rally, and other resource stocks gained as commodity prices more generally reflected increased confidence in prospects for global growth. Among the gainers was Canadian Natural Resources Ltd , which surged 8.9 percent to C$32.85 after it reduced its 2016 capital expenditure plan and eyed further cuts in the future.

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