Linda Nguyen: Commodity-Heavy Exchange and P Tsx

linda nguyen: In Toronto, the S&P/TSX composite index gained 157.65 points, or one per cent, at 14,756.10, according to The Toronto Star. Gold, energy and materials led advancers on the commodity-heavy exchange for a second day. Rene Johnston / Toronto Star file photo By Linda Nguyen The Canadian Press Tues., Nov. 15, 2016 Canada biggest stock market strengthened Tuesday amid a rally in crude prices sparked by growing prospects that OPEC members will reach a deal on capping oil production later this month. The gold sector was up 3.58 per cent, energy gained 3.44 per cent and materials jumped 2.74 per cent. The 14-member OPEC had announced in September that its members have agreed to a production cut in principle, with details to be hammered out at its official meeting at the end of the month. The increase in oil prices was attributed to a media report that energy ministers from Saudi Arabia and Russia were set to meet this week to talk about a potential cap on crude production, ahead of a meeting by the Organization of Petroleum Exporting Countries on Nov. 30. (news.financializer.com). As reported in the news.