India, May 8 -- The Canadian market is firmly placed in positive territory a little past noon on Thursday with stocks from energy, communications, healthcare and consumer discretionary sectors contributing to the upmove.
Some strong corporate earnings updates, higher crude oil prices, and easing tensions about tariffs following U.S. President Donald Trump's announcement of an impending U.S.-UK trade deal are aiding sentiment.
The benchmark S&P/TSX Composite Index was up 179.71 points or 0.71% at 25,340.89 about a quarter past noon.
The Energy Capped Index is up 3.25%. Cenovus Energy is soaring nearly 10% after reporting stronger than expected first-quarter results.
Parex Resources, Baytex Energy, MEG Energy Corp., Canadian Natural Resou...