TSX rebounds as rising oil prices lift energy shares
Canada's main stock index climbed back from a multi-month low as surging oil prices boosted energy shares. Investors weighed Middle East tensions and US debt concerns alongside rising commodity markets.
Xurve View
Insights:
Xurve View
Canada's main stock index rose 103.52 points, or 0.3%, to 35,145.38 on Thursday afternoon as surging oil prices lifted energy shares. The rebound follows a 1.7% drop on Wednesday to the lowest closing level since July 20. The recovery highlights how heavily equity valuations remain tied to volatile commodity markets and geopolitical headlines.
