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MW: Canada market gains on metal mining stocks
 
By Sarah Pringle

SAN FRANCISCO (MarketWatch) -- The Canadian stock market made headway Friday after ending the previous session at a loss. The composite index CA:$ISPTX +0.54% was up 0.39%, or 45 points, to 11,511, buoyed by a 1.6% rise in metals mining stocks [ca: xx:ttmn], followed by a 0.7% rise in the information technology sector [ca: xx:tttk]. Class B shares of Transat CA:TRZ.B -2.00% were down 4.5% after the company reported second-quarter losses and LB Securities Equity Research lowered its target price by $3.15 to $3.85. Also making notable moves were Ivanhoe Mines CA:IVN +0.77% , sliding 6.7%, and on the upside, shares of Taseko Mines CA:TKO +5.97% climbed 6%. The canadian dollar fell 0.02%, with the U.S. dollar buying C$1.0233 vs. C$1.0228 Thursday.
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