* TSX ends up 0.3% at 21,871.96
* Notches fourth day of gains
* Technology gains 1.2%; financials add 0.6%
* Materials sector declines as gold falls
April 22 (Reuters) – Canada’s main stock index rose on
Monday, helped by gains for technology and financial shares, as
investor sentiment showed signs of recovering after a rough
period for the market since the start of April.
The Toronto Stock Exchange’s S&P/TSX composite index
ended up 64.59 points, or 0.3%, at 21,871.96, its
fourth straight day of gains after it hit a near six-week low
last Tuesday.
The index has declined 1.3% since the beginning of April,
tracking losses on Wall Street, as investors grew more worried
about Middle East tensions and the prospect of sticky inflation
delaying Federal Reserve interest rate cuts.
“We were oversold for sure. The sentiment in April has been
really nasty,”…
