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Canadian markets advance
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March 15, 1999: 5:47 p.m. ET
Toronto, Montreal, Vancouver post gains as Dow continues race to 10,000
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NEW YORK (CNNfn) - Toronto stocks followed New York's Dow Jones Industrial Average higher on Monday in light dealings, as many players scattered to be with their children for the March Break school holiday in some parts of Canada.
The Toronto Stock Exchange's key 300 Composite Index rose 43.94 points, or 0.67 percent, to 6606.00. Trading was light as 82 million shares changed hands.
Traders agreed that March Break in Toronto and other parts of Canada this week kept the market thinly traded and easily pushed around.
"The Canadian market is not thrilling because everyone is away on Spring Break," one trader said.
All efforts were still concentrated on the Dow and its record-breaking moves, another trader said. "It's going to be a game to get it through there."
Most of Toronto's 14 sub-groups wended their way higher, led by as 2.5 percent rise in the base metals group.
The Montreal Exchange also closed higher, tacking on 24.09, or 0.69 percent, to finish the day at 3517.27.
Further west, The Vancouver Composite picked up 0.39 points, or 0.09 percent to 425.95.
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