Another bumpy day for oil prices, punishing energy stocks, has been offset by gains in the healthcare sector driven by a 2 per cent rise in Valeant Pharmaceuticals stocks. Even data showing that Canada’s current account has the largest deficit in a year (again due to lower oil prices) was not enough to stop the Toronto Stock Exchange ending in positive numbers.
The S&P/TSX Composite Index closed up 29.71 (0.20 per cent)
The NYSE closed higher
Oil is trending higher (Brent $59.89, WTI $49.75 at 4.20pm)
Gold is trending higher
The loonie is valued at U$0.79752 at 4.20pm