TSX Inches Higher, Led By Energy Stocks

(RTTNews) - Canadian stocks edged higher Friday, as the energy sector rebounded on higher oil prices.

Mining stocks also rallied on renewed hopes for demand from Europe and China.

UK citizens prepare to vote next week on whether to remain part of the European Union, and while most polls show Britons narrowly favor a separation, analysts say the so-called 'Brexit' is unlikely.

The S&P/TSX Composite Index was up 19.36 points, or 0.14 percent, 13,901.77, trimming this week's losses.

Energy stocks added 1.4 percent, while miners were up 1.7 percent.

Gold and health care stocks were lower.

Valeant (VRX.TO) is expanding its Canadian presence with investments totaling $27.5 million in its Steinbach, Manitoba and Laval, Quebec manufacturing facilities. Shares rose 2.2 percent.