19-10-2016 21:35 via news.yahoo.com

TSX rises to nearly 16-month high, led by resource stocks

By Fergal Smith TORONTO (Reuters) - Canada's main stock index rose to a nearly 16-month high on Wednesday, led by energy and mining companies as oil surged and gold climbed, while financial stocks also gained ground. "As long as you have the economy continuing to do ok and you have a bid on the energy side and a stabilization of oil prices, I think there is room for the market to head higher into year end," said Bryden Teich, portfolio manager at Avenue Investment Management. Enbridge Inc rose 1
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