TSX Up 35 Points at Lunchtime; Materials, Telecom Drive Gains

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The TSX added 35 points at lunchtime, raised mainly by products
as well as telecom stocks, as
gold prices

surge and also Rogers Communications (RCI-B. TO) reports solid quarterly
results.

Canadian telecommunications titan Rogers Communications has actually dialed up fresh
52-week highs after it reported Q2 adjusted EPS of C$ 0.83 versus
$ 0.82 anticipated. Revenues climbed 1.5% year on year to C$ 3.46 billion
vs the C$ 3.47 bln Resources INTELLIGENCE Consensus. The stock was last up
3.3%.

On the other hand, gold, silver, and also copper were done in the environment-friendly on
Thursday even after the buck obtained assistance from positive U.S.
economic data. International benchmark Brent, however, moved 1.7% on
oversupply worries.

Materials and telecommunications progressed 2.0% and also 0.9%, specifically.
Power was up by a moderate 0.3%. The weakest group was industrials,
down 0.7%.

Complete volume traded so far gotten to 145.8 million shares. EnCana
( ECA.TO) was one of the most proactively traded stock.

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