Canadian stocks rise

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Toronto, April 7 (IANS) Canada’s main stock market in Toronto worked its way into positive territory to end Wednesday trading after four days of declines, as healthcare and energy issues rose.

The Toronto Stock Exchange’s benchmark Standard & Poor’s/TSX Composite Index gained 42.57 points, or 0.32 percent, to close at 13,347.23 points, Xinhua news agency reported.

Four of the TSX index’s eight main sub-sectors were higher.

The energy group surged 3.05 percent, as oil prices jumped after industry data suggested the US government was likely to report a smaller rise in crude inventories for last week compared to market expectations for a record high.

The Canadian dollar traded higher at $0.7637, compared with Tuesday’s closing rate of $0.7601.

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