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July 27, 2012, 11:19 a.m. EDT

Canada stocks up as Mega Brands, TransForce rally

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By Sarah Pringle

SAN FRANCISCO (MarketWatch) -- Canadian stocks extended their climb into a second session on Friday, with Toronto's benchmark equities index set for a gain on the week on strength in the metals and mining and technology sectors. The S&P/TSX Composite added 52 points, or 0.4%, at 11,691. Among the sectors, a 1% rise in metals and mining stocks led the rise, followed by a 0.8% climb in information technology stocks /zigman2/quotes/210598463/delayed XX:TORGC194 +1.03% . On the earnings front, Mega Brands Inc. posted a second-quarter profit about five times higher than the same quarter a year ago. Shares of the toy maker rallied 6.9% following the news. TransForce Inc. posted a 30% rise in second-quarter profit, fueling an 8% jump in the trucking company's shares. Taking a major hit, TMX Group Inc. /zigman2/quotes/208003915/delayed CA:X +1.52% , operator of the Toronto Stock Exchange, reported its second-quarter profit had tumbled 97%, citing costs related to its Maple Group acquisition. In currency trading, Canada's dollar rose against the greenback /zigman2/quotes/210561978/realtime/sampled USDCAD +0.1097% , with one U.S. dollar purchasing C$1.0058 vs. C$1.0100 Thursday.

/zigman2/quotes/210598463/delayed
XX : Canada: Toronto
147.42
+1.51 +1.03%
Volume: 11.96M
Aug. 12, 2022 4:47p
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/zigman2/quotes/208003915/delayed
CA : Canada: Toronto
$ 131.23
+1.96 +1.52%
Volume: 93,943
Aug. 12, 2022 4:00p
P/E Ratio
14.08
Dividend Yield
2.53%
Market Cap
$7.22 billion
Rev. per Employee
$776,650
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/zigman2/quotes/210561978/realtime/sampled
US : Tullett Prebon
1.2778
+0.0014 +0.1097%
Volume: 0.0000
Aug. 12, 2022 4:59p
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