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Home » CANADA STOCKS-TSX touches six-week high as China optimism boosts materials sector

CANADA STOCKS-TSX touches six-week high as China optimism boosts materials sector

    Canada's main stock index touched a more than six-week high on Friday after upbeat economic data from China spurred gains in prices of most commodities, lifting the materials sector. At 10:47 a.m. ET (1447 GMT), the Toronto Stock Exchange's S&P/TSX composite index was up 48.85 points, or 0.24%, at 20,616.69. The materials sector, which includes miners and fertilizer companies, climbed 1.8% to hit over a two-week high as metals prices rose after top metals consumer China showed signs of a stabilizing economy.

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