Markets Print edition: 2018-04-07

Canada's main index rebounds

Published April 7, 2018 Updated April 7, 2018 12:00am

Canada's main stock index rebounded on Thursday from a nearly eight-week low the day before, as ebbing trade tensions helped boost energy and financial shares. The Toronto Stock Exchange's S&P/TSX composite index closed up 191.68 points, or 1.26 percent, at 15,356.05.
The TSX's energy group rose 4.2 percent to reach its highest level since February 1. US crude prices settled 0.3 percent higher at $63.54 a barrel. Financials rose 0.9 percent and the materials group, which includes precious and base metals miners and fertilizer companies, added 1.3 percent.
Eight of the TSX's 10 main groups ended higher. The index posted six new 52-week highs and one new low.