TSX Continues To Rise, Led By Gold Stocks -- Canadian Commentary

(RTTNews) - Canadian stocks rose for the seventh day in eight Thursday, pushing Toronto's main index ti its highest since 2014.

The S&P/TSX Composite Index was up 61 points to 15,422, powered by materials and gold stocks.

Energy stocks struggled as oil prices turned lower on a surprise build in U.S. inventories.

Volume was light as many traders were away for the holidays.

The Mackenzie unit of IGM Financial (IGM.TO) has agreed to pay the equivalent of $468 million to buy a 10 per cent interest in China Asset Management Co., Ltd.

Bombardier (BBd.B.TO) and Austrian Federal Railways have signed a Framework Agreement For Up To 300 TALENT 3 Trains.

OceanaGold Corp.(OGC.TO) commenced mining at Hailie gold mine.