TORONTO — Canada's main stock index rebounded as higher crude oil prices powered the energy sector while a hawkish tone from the U.S. Fed took the shine off gold. TORONTO — Canada's main stock index rebounded as higher crude oil prices powered the energy sector while a hawkish tone from the U.S. Fed took the shine off gold. The February crude contract was up US$1.61 at US$79.46 per barrel and the February natural gas contract was down seven cents at US$3.81 per mmBTU. Canadian Western Bank up 4.6 per cent, Laurentian Bank 2.3 per cent higher and CIBC rising 2.1 per cent. The February gold contract was down US$35.90 at US$1,789.20 an ounce and the March copper contract was down 5.9 cents at US$4.35 a pound.

Source: Libya Today January 06, 2022 23:07 UTC