Energy and Mining Lead Stocks Higher
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The rising price of oil and of other commodities served as a tonic for the stock market, with energy and mining companies helping to lead the market upward.
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Stocks advanced on Tuesday, buoyed by an optimistic outlook for technology shares and gains in oil prices that lifted energy shares.
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TORONTO (CP) - The Toronto stock market was sent higher Friday morning by improvements in energy stocks as a two-day slide in oil prices skidded to a stop and signs of strong economic growth.
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Leading shares finished the session strongly, at day's highs, boosted by gains in heavyweight miners and tobacco stocks and brushing aside the US being shut for a public holiday, dealers said.
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Stocks jumped on Tuesday, helped by optimism about the outlook for technology spending and gains in oil prices that lifted energy shares.
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London equities rose on Thursday, after the sharp sell off during the previous session left mining and financial stocks looking undervalued.
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Stocks rose on Wednesday, helped by gains in energy shares as oil prices traded near $73 a barrel and financial shares rebounded a day after falling on worries about the subprime mortgage industry.
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Stocks rose on Tuesday as a rise in oil prices spurred gains in shares of energy companies and news of an executive reshuffle at Starbucks Corp  buoyed hopes of a turnaround at the top coffee chain.
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London equities rose in opening trade on Tuesday, with mining stocks boosted by record prices for gold and platinum.
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Europe&#39;s main stock markets gained ground on Wednesday, supported partly by a strong mining sector, and following solid gains on Wall Street overnight and earlier in Asia.
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Leading shares closed higher Wednesday after a volatile session, reflecting a firm showing on Wall Street, with miners helping to pull UK-listed blue chips higher amid ongoing sector consolidation talk.
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THE share market finished sharply higher today, as resource giant BHP Billiton helped lead the market to a recovery from yesterday&#39;s falls.
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European stocks extended recent gains to 5&frac12;-year highs on Thursday, with miners and oil stocks in the vanguard of the advance as metals and crude prices rose on commodities exchanges.
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Stocks rose on Tuesday, with the Dow industrials leading the gains, amid speculation that aluminum maker Alcoa Inc.  may be the subject of international takeover bids.
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THE stock market opened higher today as industrials stocks mitigated the effects of a weaker resources sector. &quot;Commodity prices are generally weaker on renewed speculation of weaker demand in China,&quot; Wilson HTM senior client adviser Angus Bligh said.
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Leading shares ended the session higher, boosted by continued strength in heavyweight miners and a robust start to Wall Street, dealers said.
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Stocks gained on Monday, as investors snapped up shares of energy and materials companies on a surge in global commodity prices.