(Adds portfolio manager comment, updates prices to close)* TSX settles up 37.94 points, or 0.26 percent, at 14,864.03* Index rises 2.1 pct on the weekBy Alastair SharpTORONTO, Nov 18 Canada’s main stock index rose
on Friday, closing out a strong week with boosts from energy and
banking stocks as oil prices moved higher and investors reacted
to rising bond yields.The Toronto Stock Exchange’s S&P/TSX composite index
settled up 37.94 points, or 0.26 percent, at
14,864.03, with the energy group finishing up 1.1 percent and
financial stocks adding 0.6 percent.
“Banks look like they are trading at average valuations, but
if you believe that the yield curve is …
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