Toronto Stocks Rise, Marathon Gold Climbs on Merger -- Market Talk - News Summed Up

Toronto Stocks Rise, Marathon Gold Climbs on Merger -- Market Talk


1822 EST [Dow Jones]--Canadian stocks rise, with the benchmark S&P/TSX Composite Index climbing 0.3% to 19709 and the blue-chip S&P TSX 60 Index advancing 0.4% to 1189. The S&P/TSX Index sees gains in its commercial services sector, while the consumer durables sector leads the decline. Marathon Gold climbs 11% to 71 Canadian cents following news the company and Calibre Mining agreed to merge in a deal with a transaction equity value consideration of 345 million Canadian dollars ($249.9 million). (denny.jacob@wsj.com)


Source: Wall Street Journal November 13, 2023 23:30 UTC



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