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Markets & Stocks
Toronto stocks stay positive
December 8, 1998: 5:25 p.m. ET

Oil and gas stocks lead the way, as do utilities and communication sectors
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NEW YORK (CNNfn) - Stocks in Toronto managed to keep their edge Tuesday, aided in part by strong performances in the oil and gas sector.
     The Toronto Stock Exchange's 300 Composite Index closed up 32.92 points, or 0.52 percent, at 6,399.80.
     More than half of the exchange's 14 subindexes finished in positive territory, led by a 2.14 percent rise in oil and gas stocks. Other leading gainers included the utilities and communications and media groups, which climbed 2.08 percent and 1.58 percent, respectively.
     Gold and precious metals led the losing sectors by a wide margin, shedding 2.45 percent. In that group, Placer Dome sank C$1.05, or 4.63 percent, to trade at C$21.65, and Barrick Gold fell C$0.55, or 1.86 percent, to C$29.05.
     Other high-volume stocks for the day included BCE Inc., which rose C$2.00, or 3.69 percent, to C$56.15, and Northern Telecom, which moved up C$1.35, or 1.82 percent, to C$75.70.
     Elsewhere in Canada, stocks in Montreal rose 14.48 points, or 0.44 percent, to close at 3,330.38, while shares in Vancouver fell 5.07 points, or 1.31 percent, to finish at 382.71. Back to top
     -- from staff and wire reports
    

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Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.