Stocks Gain in Light Trading

Stella-Jones, Alamos in Focus

Stocks in Canada’s largest market continued their march into record territory, having the stage all to themselves, due to a holiday south of the border.

The TSX Composite Index gained 38.37 points to close Monday at 17,597.39

The Canadian dollar gained 0.11 cents to 76.65 cents U.S.

Resource stocks proved the winners of the day, as Stella-Jones advanced 55 cents, or 1.4%, to $38.80, while Methanex climbed 54 cents, or 1%, to $53.33.

In gold stocks, Alamos Gold jumped 23 cents, or 3.1%, to $7.58, while Eldorado Gold picked up 25 cents, or 2.6%, to $9.75.

Tech stocks also fared well, with Lightspeed gaining 55 cents, or 1.3%, to $42.20, while Evertz Technology acquired 17 cents ro $18.25.

Energy gave back some strength, as Encana Corp. was subdued 14 cents, or 2.6%, to $5.19, while Seven Generations Energy subsided 12 cents, or 1.5%, to $7.80.

Communications also fell, with Shaw Communications off 37 cents, or 1.4%, to $6.32, and Rogers sliding 28 cents to $64.66.

Oil prices sneaked up two cents to $58.54 U.S. a barrel.

Gold prices took on $3.70 to $1,560.56 U.S. an ounce.

ON BAYSTREET

The TSX Venture Exchange gained 1.41 points to finish off Monday to 585.91.

All but two of the 12 TSX subgroups made headway, as materials soared 0.7%, while gold hiked 0.5% and information technology moved ahead 0.3%.

Energy and communications each surrendered 0.1% Monday.

ON WALLSTREET

Markets are closed Monday for Martin Luther King Day.

U.S. Markets Shuttered for Holiday