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Markets

Rising oil prices lift TSX at open

  • At 9:31 a.m. ET (13:31 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 298.59 points, or 1.92%, at 15,826.46.
Published June 5, 2020

Canada's main stock index opened higher on Friday, steered by rising oil prices on OPEC's decision to have discussions on extending oil output cuts on Saturday, while tentative signs of a rebound in domestic jobs bolstered sentiment.

At 9:31 a.m. ET (13:31 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 298.59 points, or 1.92%, at 15,826.46.

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