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Canadian stock market rises due to gains of energy shares
Last Updated: 2019-02-13 09:28 | Xinhua
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Canada's main stock index rose on Tuesday due to gains of energy shares amid a surge in oil prices.

The Toronto Stock Exchange's benchmark Standard & Poor's/TSX Composite Index rose 73.25 points, or 0.47 percent, to finish the day at 15,642.10 points.

The Canadian dollar came to 0.7548 U.S. dollar from 0.7522 dollar on Monday.

The energy group gained 1.5 percent. Meg Energy rose 6.3 percent, Crescent Point gained 5.8 percent, and Cenovus added 3.9 percent.

Oil prices rose more than 1 percent on Tuesday after OPEC figures showed it cut production sharply in January, and as lead member Saudi Arabia said it would reduce its output in March by an additional 500,000 barrels.

Bombardier Inc. rose 2 cents, or 1 percent, to 2.02 Canadian dollars.

Manulife Financial Corp. climbed 36 cents, or 1.73 percent, to 21.15 Canadian dollars.

The most active companies traded on the market are Aurora Cannabis, Encana Corp and Aphria Inc.

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