Canada Stocks Ride Higher

France's key index climbs modestly; Asia markets close higher

The TSE 300 spent the day trading with a modest gain and closed up 40.9 points to 8022.6. Friday's bullish reversal, a close just off the high and a minor gain in Nortel (60 cents) offset the negative U.S. indices. However, the TSE 300 was unable to return to last week's high of 8067. For Tuesday, watch both 8067 and 7982 (Friday's close). Risk is for a slide back. Today eight subindices closed up, lead by recent market leaders Industrials and Financials. Oil & Gas lead the other six subindices lower.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.