* TSX up 32.95 points, or 0.21 percent, to 15,361.1
* Five of the TSX's 10 main groups were up
By Solarina Ho
TORONTO, Dec 28 Canada's main stock index ended
slightly higher on Wednesday as gold mining stocks lead gains in
Activity was lighter than usual due to the post-Christmas
"I'd be careful about reading too, too much into moves one
way or the other on days like today. Canada volumes are off
about 40 percent from where they generally are," said Ian Scott,
equity analyst at Manulife Asset Management. "Small volumes, so
certain stocks are having outsized moves."
Gold companies dominated the index's top 10 most influential
movers. Barrick Gold rose 5.2 percent to C$20.71, and
Goldcorp Inc climbed 4.8 percent to C$17.85.
The overall materials group, which includes precious and
base metals miners and fertilizer companies, added 3.3 percent.
The Toronto Stock Exchange's S&P/TSX composite index
rose 32.95 points, or 0.21 percent, to 15,361.1.
Of the index's 10 main groups, half were in positive
Energy stocks climbed 0.3 percent, bolstered in part by
crude prices that remained near 2015 highs.
The group's advance were offset, however, by Enbridge Inc's
1.0 percent drop to C$56.99 and TransCanada Corp's
1.0 percent fall to C$60.98.
The Bank of Nova Scotia rose 0.2 percent to
C$76.22, but the overall financials group, which make up more
than a third of the index's weight could not sustain earlier
gains and slipped 0.2 percent.
The TSX's moves were in contrast to U.S. stocks, which saw
its largest drop in two months, triggered in part by a sharp
drop in U.S. home resales.
Advancing issues outnumbered declining ones on the TSX by
155 to 90, for a 1.72-to-1 ratio on the upside. The index was
posting 10 new 52-week highs and no new lows.
(Reporting by Solarina Ho; Editing by Lisa Shumaker)