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Markets

TSX advances, lifted by Valeant, financial services

Published December 12, 2017 Updated December 12, 2017 10:39pm

TORONTO: Canada's main stock index rose on Tuesday, led by gains in drugmaker Valeant Pharmaceuticals and in the financial services sector.

At 10:18AM ET (15:18 GMT), the Toronto Stock Exchange's S&P/TSX composite index rose 16.31 points, or 0.1 percent, to 16,119.82.

The TSX posted 5 new 52-week highs and one new low. Across all Canadian issues there were 47 new 52-week highs and 12 new lows.

The largest percentage gainer on the TSX was Valeant Pharmaceuticals, which rose 3.4 percent, while the largest decliner was Nexgen Energy Lt, down 4.6 percent.

In the financial services sector, Toronto-Dominion Bank advanced 0.3 percent to C$72.83.

Among the most active Canadian stocks by volume were Aurora Cannabis, down 2.6 percent to C$7.12; Imvescor Rest, down 1.7 percent to C$4.11.

Volume on the TSX index was 29.38 million shares.

Copyright Reuters, 2017

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