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Company News

CANADA STOCKS-Toronto stocks hit record high as oil prices climb

Aug 25 (Reuters) - Canada’s main stock index hit a record high on Wednesday as oil prices inched higher, while financial stocks rallied following upbeat quarterly results from Royal Bank and National Bank.

At 9:30 a.m. ET (1330 GMT), the Toronto Stock Exchange’s S&P/TSX composite index was up 31.33 points, or 0.15%, at an all-time high of 20,579.09.

The energy sector climbed 0.2%, while the financials sector gained 0.3%. (Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Sriraj Kalluvila)

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