Sep 28, 2020 (Baystreet.ca via COMTEX) -- Stock markets in Canada climbed on the backs of oil companies and surged in the first hour of the week, while real-estate and financials also proved bright stars.
The TSX gained 133.29 points to open the week at 16,198.64
The Canadian dollar inched higher 0.05 cents to 74.78 cents U.S.
Aurinia Resources hit a 52-week high of $5.31, while fellow energy component Vermilion Energy jumped 21 cents, or 6.6%, to $3.40.
In the financial sector, Home Capital Group leaped 72 cents, or 3.4%, to $22.23, while Industrial Alliance grabbed $1.44, or 3.2%, to $46.88.
The TSX Venture Exchange leaped 11.2 points, or 1.6%, to 706.46.
All but one of the 12 TSX subgroups were in positive country in Monday's first hour, with energy gushing 3.3%, financials higher 1.7%, and real-estate climbing 1.3%.
The one laggard was in gold, off but 0.1%.
Stocks rose sharply on Monday as Wall Street built on the strong gains from the previous session.
The Dow Jones Industrial Average zoomed 364.89 points, or 1.3%, to start Monday's session at 27,538.85.