TSX Rises, US Holiday Keeps Trading Volumes Thin By Investing.com

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© Reuters.

By Ketki Saxena

Investing.com –- Canada’s main stock index, the S&P/TSX Composite rose by late afternoon trading, in a day of thin trading volumes, with US markets closed on Monday due to the Martin Luther King Jr. Day Federal holiday.

The commodity heavy Canadian index was supported by the heavyweight energy sector, as investors weighed the impact supply disruptions due to the escalating Mid-East conflict.

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Toronto Stock Market News

Thomson Reuters (TSX:) announced that it has upwardly revised its offer to buy Sweden’s Pagero upwards by 25%, to about $789 million. Thomson Reuters now seeks to control about 54% of Pagero.

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