Canada shares edge up on strength in health care
6/18/12 11:29 AM ET (MarketWatch)Print
SAN FRANCISCO (MarketWatch) -- Canadian stocks rose Monday, with Toronto's S&P/TSX Composite Index up 45 points at 11,569. Among the sectors, health-care stocks led percentage gainers, with the benchmark sector index climbing 1.7%, followed by the metals mining sector adding 0.8%. Helping propel the health-care sector were Valeant Pharmaceuticals International Inc., rising 3.4%, and SXC Health Solutions Corp. , up 2.6%. Also making notable moves were Class B shares of Air Canada , tacking on 6.1%, after an arbitrator selected the company's final offer in a labor dispute Sunday. In currencies trading, Canada's currency declined 0.4% against the U.S. dollar, with one U.S. dollar purchasing C$1.0245, up from C$1.0202 late Friday.