Toronto Stocks Rise, Buoyed by Mining and Energy Shares

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By Robb M. Stewart

Shares on Canada’s main exchange continue their new-year advance, edging up again Tuesday as mining and energy stocks made gains with weakness in the U.S. dollar.

Toronto Stock Exchange’s S&P/TSX Composite Index was 3.72 points higher at 25003.51. Gains were broad, countering weakness in the technology sector.

The blue-chip S&P/TSX 60 was ahead 0.35 point at 1498.69.

Precision Drilling was among the heavy weights notching gains early in the session, rising 5.7% to C$95.99 after the drilling rig operator raised the size of its share buyback program even as it continues to target its debt load.

Other market movers:

Suncor Energy advanced 3.9% to C$54.99 after the oil company achieved what it said were fourth-quarter and full-year operational records, even as efforts to cut debt were well ahead of schedule.

GFL Environmental was 1.7% lower at C$62.04 after the transport and…

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