The TSX Gains Momentum

Canadian shares ended the week on a positive note, outperforming U.S. counterparts. Investors had to digest mostly positive economic data in the U.S. and soft fare at home. An upgrade for Nortel Networks and discount buying in resources provided support,

By None

Canadian shares ended the week on a positive note, outperforming U.S. counterparts. Investors had to digest mostly positive economic data in the U.S. and soft fare at home. An upgrade for Nortel Networks and discount-buying in resources provided support, while quarterly reports from U.S. bellwethers were mixed.

The S&P/Toronto Stock Exchange Composite Index rose 80.89 points, or 0.66%.

«