Canada’s main stock index closed up moderately in a broad advance that included a rebound for troubled CannTrust Holdings Inc.
The S&P/TSX composite index ended up 42.84 points at 16,531.04. CannTrust shares jumped more than 16 per cent following the ouster of the cannabis company’s CEO and board chair amid allegations of illicit operations.
In New York, the Dow Jones industrial average was up 51.47 points at 27,192.45. The S&P 500 index was up 22.19 points at 3,025.86, while the Nasdaq composite was up 91.67 points at 8,330.21.
The Canadian dollar averaged US75.86¢, down from Thursday’s average of US76.07¢ US.
The September crude contract ended up US18¢ at US$56.20 per barrel and the September natural gas contract was down US7.7¢ at US$2.15 per mmBTU.
The August gold contract closed up $4.60 at US$1,419.30 an ounce and the September copper contract was down US1.9¢ at $2.69 a pound.