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Canadian markets rise
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March 26, 1999: 5:32 p.m. ET
Stocks in Toronto, Montreal, and Vancouver post modest gains
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NEW YORK (CNNfn) - Toronto stocks eked out a gain on Friday as portfolio managers shuffled asset allotments ahead of month end.
The Toronto Stock Exchange's key 300 Composite Index rose 41.48 points, or 0.63 percent, to 6,635.00.
"We had a negative bias in the morning on lower European stocks from the Kosovo bombing, but we had underlying momentum from yesterday push through and there's some portfolio shuffling ahead of month end," said TD Evergreen's vice-president of research services, Craig Strachan.
Overall in Toronto, 11 of the TSE 300's 14 subgroups finished in positive territory, led by 1.91 percent gain in the oil and gas group.
Elsewhere in Canada, Montreal's benchmark Portfolio gained 7.71, or 0.22 percent, to close out the week at 3,554.86. The Vancouver Composite also advanced, rising 1 point, or 0.24 percent, to finish at 424.02.
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