Canada Stocks Rise Fourth Day as Miners Offset Health-Care Drop
- Bank of Canada keeps rates steady, lowers growth estimate
- S&P/TSX extends 11-month high while energy producers retreat
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Canadian stocks rose a fourth day to extend an 11-month high, as gains by gold and silver miners offset losses in oil producers and health-care companies, while the Bank of Canada kept the benchmark interest rate unchanged.
The S&P/TSX Composite Index added 0.1 percent to 14,493.8 at 4:00 p.m. in Toronto, advancing for a fourth consecutive session. Volume was in line with the 30-day average as six out of 10 industries increased. Equities worldwide rose a fifth day, while the S&P 500 Index in the U.S. was little changed.