Montreal Gazette: Potash, U.S. outlook get TSX out of funk
Canada’s benchmark stock index inched up on Thursday, led by gains in the materials sector and better-than-expected economic news south of the border, The Montreal Gazette reported:
The S&P/TSX composite index gained 71.95 points, or 0.55%, to 13,255.74 -still well below its highest point so far this year, 14,270.53, posted April 5, but a welcome sight after its longest string of losses since 2006.
Saskatchwan PotashCorp led the market uptick, rising 3.39% to $53.98 on news of climbing US. corn futures. Agrium Inc. rose 2.61% to $82.49.
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