Canada Stocks Rise Third Day as Commodity Producers Offset Banks
- S&P/TSX index caps best quarterly advance since June 2014
- Canadian market will be shut on Friday, July 1 for Canada Day
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Canadian stocks rose a third day, capping the best quarterly gain in two years, as turmoil in global markets eased after a tumultuous four days following the U.K. vote to leave the European Union.
The S&P/TSX Composite Index rose 0.2 percent to 14,064.54 at 4 p.m. in Toronto, reversing an earlier loss of as much as 0.5 percent. The S&P/TSX ended flat for the month of June and higher by 4.2 percent in the second quarter. Canadian markets will be closed Friday for the Canada Day holiday. Trading volume was about 6 percent higher than the 30-day average.