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CANADA STOCKS-TSX opens higher as financials lead, Home Capital slumps
May 8, 2017 / 1:42 PM / 4 months ago

CANADA STOCKS-TSX opens higher as financials lead, Home Capital slumps

TORONTO, May 8 (Reuters) - Canada’s main stock index opened higher on Monday in broad gains helped in part by financial stocks, but Home Capital Group shares fell sharply on news its account balance halved and said it had suspended its dividend.

The Toronto Stock Exchange’s S&P/TSX composite index rose 23.74 points, or 0.15 percent, to 15,605.78 shortly after the open. Materials were the only group among the index’s 10 key sectors to retreat. (Reporting by Solarina Ho; Editing by Chizu Nomiyama)

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