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Toronto stocks post small gain
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April 1, 1999: 5:18 p.m. ET
'No barn burner' but Canadian shares finish firmer ahead of long weekend
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NEW YORK (CNNfn) - The Toronto equity market was mixed overall but ended trade firmer Thursday. Gains in utilities and precious and base metals stocks were somewhat muffled by weakness in the energy sector.
The TSE 300 Composite Index closed up 27.01 points, or 0.41 percent, at 6,624.80 as 100.5 million shares worth C$1.5 billion changed hands.
Trade was fairly directionless on the first day of April and the last trading day of the week. The Toronto Stock Exchange will be shut on Friday for the Good Friday holiday.
"This isn't a barn burner we've got going here today," said Fred Ketchen, senior vice-president and director of equity trading at ScotiaMcLeod Inc.
Of the exchange's 14 subindexes, about half finished in positive territory, led by a nearly 2 percent gain in utilities and a 1.33 percent rise in metals and minerals.
Weaker crude prices sent oil and gas stocks down 1.31 percent.
On other Canadian bourses, stocks also made gains. Shares in Vancouver rose 1.53 percent to 431.21, while those in Montreal climbed 0.65 percent to close at 3,539.63.
-- from staff and wire reports
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