Markets

TSX opens higher on gains in materials stocks, upbeat manufacturing data

Toronto Stock Exchange's S&P/TSX composite index was up 150 points, or 0.86%, at 17,583.36.

Published January 4, 2021 Updated January 4, 2021 08:36pm

1 min

By Reuters

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Canada's main stock index opened higher in the first trading session of the year on Monday, supported by gains in materials stocks, while upbeat factory data for December bolstered optimism around an economic recovery.

At 9:30 a.m. ET (1430 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 150 points, or 0.86%, at 17,583.36.

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