EGO Eldorado Gold Corp Ltd

   By Ezequiel Minaya 
 

Canadian stock prices rose Monday, as investors' confidence continued to grow and the neighboring U.S. market set an intraday record.

The S&P/TSX Composite Index added 102.04 points, or 0.7%, to 14361.88. Advancers outnumbered decliners 1,132 to 520. Trading volume was 372.9 million shares.

The blue-chip S&P/TSX 60 Index rose 6.81 points, or 0.8%, to 834.08.

Data released last week showed Canada's unemployment rate edged lower in June, mirroring the surprisingly strong jobs report seen in Washington.

U.S. stocks, meanwhile, have been bolstered by signs of strength in the U.S. economy and the Federal Reserve's cautious stance toward raising interest rates. On Monday, the S&P 500 touched an intraday record, topping levels last seen more than a year ago.

In Canada, gold companies were among the bigger losers as investors sought out more risk, leaving safe havens. Barrick Gold Corp. slipped 0.6%.

Train- and plane-maker Bombardier Inc. was among top gainers Monday, rising 5%. The company said it received Transport Canada certification for its CS300 jetliner, the larger of two models of its new single-aisle CSeries jets. The first jet will be delivered in the fourth quarter to Latvia's airBaltic, while the smaller CS100 begins flying passengers with Swiss International Air Lines on Friday.

The company's chief aircraft salesman, Colin Bole, said Monday that Bombardier would renew focus on selling its existing small regional jets and turboprops.

Rising copper prices boosted shares of copper producers. The metal was up on rising expectations of government stimulus in China, the world's top consumer of the industrial metal. Shares of First Quantum Minerals Ltd. rose 5%, HudBay Minerals Inc. added 6.7% and Teck Resources Ltd. gained 2.8%.

Meanwhile, Caledonia Mining Corp. was among the other companies making notable moves. Shares increased 5% as the miner said production in the second quarter was slightly higher than planned at 12,509 ounces, up 20% from a year earlier and up 16% from the first quarter. It said its production guidance for the year is unchanged at about 50,000 ounces of gold.

Write to Ezequiel Minaya at Ezequiel.Minaya@wsj.com

(END) Dow Jones Newswires

July 11, 2016 16:38 ET (20:38 GMT)

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