Toronto Stocks Open Higher on Mining

Canada shares opened higher on Monday, lifted by mining gains as precious metals rose. Investors meanwhile weighed new U.S. tariffs and awaited Iran sanction updates.

The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUTERS/Chris Helgren

Canada's commodity-heavy stock index rose 0.3% to 36,701.25 points during Monday morning trading. The advance was driven by mining shares as precious metals gained ground. Investors are weighing new trade pressures from the United States alongside brewing geopolitical risks involving Iran .

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