TSX hits 11-day high on lower yields

Canadas main stock index rose to an 11-day high as global bond yields eased and Emera agreed to buy Canadian Utilities for 14.3 billion dollars. The utilities and mining sectors led gains while energy shares declined slightly.

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FILE PHOTO: 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/File Photo

Canada's main stock index rose 130.96 points, or 0.4%, to 35,649.51 on Tuesday afternoon. The advance marked the highest closing level since September 25. Utility and metal mining shares led the gains as global bond yields eased.

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