Canada’s main stock index clawed back its earlier decline to close higher on Friday, helped by gains for industrials and gold mining shares, as turmoil in the global banking sector persisted.
The Toronto Stock Exchange’s S&P/TSX composite index (.GSPTSE) ended up 41.57 points, or 0.2%, at 19,501.49, preliminary data showed. It was up 0.6% for the week, after two straight weeks of declines.
Wall Street also closed higher as U.S. Federal Reserve officials calmed investor skittishness over a potential liquidity crisis in the banking sector.
Source : TSX faces weekly losses as banking crisis intensifieshttps://www.reuters.com/markets/tsx-set-open-lower-worries-over-european-banking-crisis-2023-03-24/