Canadian stock market gains momentum on Fed's minutes

GMT 06:51 2015 Thursday ,08 January

Arab Today, arab today Canadian stock market gains momentum on Fed's minutes

Canadian stock market
Beijing - XINHUA

Canada's main stock market ticked up Wednesday as gloomy trading sentiment amid oil plunge was relieved slightly by the minutes from the U.S. Federal Reserve's December meeting.
Toronto Stock Exchange's benchmark S&P/TSX Composite Index edged up 38.23 points, or 0.27 percent, to 14,285.00 points after a two-day dive this week, as the non-resource shares posted a modest recovery.
The index gained momentum on Wednesday after the minutes from the Fed's December meeting showed that the central bank will not raise rates sooner than generally expected, although the Fed is on course to raise interest rates this year.

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