TSX higher on resources, ECB announcement

TSX higher on resources, ECB announcement

TSX higher on resources, ECB announcement Stocks in the banking and natural resources sectors gained today pushing the Toronto Stock Exchange to a positive close. Good results from Canadian Natural Resources Ltd. which beat expectations and oil prices which have held fairly steady were further boosted by the announcement that the European Central Bank will start its quantative easing program next week.

The S&P/TSX Composite Index closed up 59.36 (0.39 per cent)

The NYSE closed higher

Oil trending lower (Brent $60.63, WTI $50.89 at 4.05pm)

Gold is trending lower

The loonie is valued at U$0.79980 (4.05pm)