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TORONTO Nike Shox Hombre España , Nov. 21 (Xinhua) -- Canada's main stock market in Toronto peaked to its highest point in 17 months on Monday, as energy prices continued to climb.
The Toronto Stock Exchange's benchmark Standard & Poor'sTSX Composite Index climbed 175.84 points, or 1.18 percent, to close the session at 15,039.87 points. Eight of the ten sub-sectors advanced on the day with nearly four-fifths of all stocks finishing the day in the green.
After starting the year at the lowest point since June 2013, Toronto stocks have climbed 25.55 percent in the 11 months since to reach its highest point since June 3 Nike Shox Negras España , 2015.
TSX Energy group was the biggest beneficiary on the day, gaining 3.20 percent as January Brent crude oil prices spiked 4.71 percent to 49.09 U.S. dollars for a barrel in London. Natural gas also contributed, jumping 4.26 percent to 2.964 U.S. dollars per million British thermal units.
Shares of Calgary-based energy firms Baytex Energy Corp. and Encana Corporation were the most actively traded during the session, rising 4.95 percent to 5.51 Canadian dollars (4.12 U.S. dollars) and 3.74 percent to 16.37 Canadian dollars (12.23 U.S. dollars), respectively.
Materials sub-sector, which consists of miners of gold and other precious metals Nike Shox Blancas España , also benefited on the day, gaining 1.69 percent as spot price of copper gained 2.16 percent to 2.53 U.S. dollars a pound. As a result, copper miners First Quantum Minerals Ltd. and HudBay Minerals Ltd. shares shot up 7.17 percent and 5.07 percent, respectively.
Other subgroups that started the week in the green were industrials group growing 1.12 percent and financials group moving up 0.80 percent.
Information technology shares rose 0.21 percent as financial-technology firm DH Technology stock prices surged 11.0 percent to 16.15 Canadian dollars (12.06 U.S. dollars) after the Toronto-based firm announced plans to cut quarterly dividends by 62.5 percent to focus on growing the company.
On the losing end to open the week were Health Care and Telecommunications sectors, dropping 0.98 percent and 0.19 percent, respectively.
On the economic front Nike Shox Gravity España , Statistics Canada reported that revenue from wholesalers in September fell 1.2 percent to 56.0 billion Canadian dollars (about 41.8 billion U.S. dollars), compared to August. By category, the biggest declines were in farm product (14.8 percent), agricultural supplies (9.0 percent), and metal services centres (8.7 percent).
Sales were down in all 13 provinces and territories, with Ontario www.nikeshox-espana.es , Alberta, and Quebec accounting for 82 percent of the total decrease.
The Canadian dollar climbed 0.0067 to 0.7469 U.S. dollars.
People experience an interactive game at a high-tech exhibition at Victoria Park in Hong Kong, south China, on June 28, 2017. The exhibition named "Innovation in Science and Technology, Realization of Our Dreams" kicked off here on Wednesday with more than 100 exhibits showcasing China's achievements on aerospace science and technology. The exhibition was held to celebrate the 20th anniversary of Hong Kong's return to the motherland. (XinhuaLui Siu Wai)
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A computer generated picture of a solar power station in space to be built by a US company. [PhotoXinhua]
The battle to dispel smog, cut greenhouse gases and solve the energy crisis is moving to space.
Chinese scientists are mulling the construction of a solar power station 36,000 kilometers above ground.
If realized, it will surpass the scale of the Apollo project and the International Space Station, and be the largest-ever space project.
The power station would be a super spacecraft on a geosynchronous orbit equipped with huge solar panels. The electricity generated would be converted to microwaves or lasers and transmitted to a collector on Earth.
In 1941 Nike Shox España Baratas , U.S. science fiction writer Isaac Asimov published the short story "Reason", in which a space station transmits energy collected from the sun to various planets using microwave beams.
Wang Xiji, an academician of the Chinese Academy of Sciences (CAS) and a member of the International Academy of Astronautics, says Asimov's fiction has a scientific basis.
U.S. scientist Peter Glaser published an article in the journal Science in 1968, claiming a feasible design for the space solar power system.
After devoting more than half a century to space technology research, Wang Nike Shox España , 93, is an advocate for the station: "An economically viable space power station would be really huge, with the total area of the solar panels reaching 5 to 6 square kilometers."
That's equivalent to 12 of Beijing's Tian'anmen Square, the largest public square in the world, or nearly two New York Central Parks.
"Maybe people on Earth could see it in the sky at night, like a star Nike Shox NZ Blancas Rojas España ," says Wang.
Researchers in many countries have drawn doze