TORONTO Clayton Keller Jersey , Sept. 13 (Xinhua) -- Canada's main stock market fell Wednesday because higher crude prices fueled sharp gains by oil and gas companies.
The Toronto Stock Exchange's benchmark Standard & Poor'sTSX Composite Index fell 16.6 points, or 0.11 percent, to end the day at 15,126.81, Eight of the index's 10 main sectors declined.
Oil prices gained more than two percent after the International Energy Agency (IEA) said the global crude surplus was beginning to shrink due in part to an output drop from key producers.
Canadian Natural Resources rose 2.9 percent to 40.22 Canadian dollars while Encana Corp jumped six percent to 12.42 Canadian dollars. The energy sector gained 2.5 percent.
The influential financials sector edged up 0.2 percent though most individual advances were modest. Fairfax Financial Holdings Ltd jumped 4.4 percent to 626.86 Canadian dollars.
The materials sector, which includes precious and base metals miners and fertilizer companies, fell 1.8 percent. But losses were offset by Eldorado Gold's 15.8 percent surge to 2.79 Canadian dollars.
Teck Resources Ltd fell 5.4 percent to 26.73 Canadian dollars while First Quantum Minerals Ltd sank 3.6 percent to 13.30 Canadian dollars.
Industrials lost 0.9 percent, with Canadian Pacific Railway Ltd declining 2.2 percent to 191.67 Canadian dollars after a price and ratings cut by National Bank of Canada. The bank cut its target price for Canadian National Railway, which fell 1.6 percent to 98.06 Canadian dollars.
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ISLAMABAD, Sept. 14 (Xinhua) -- Pakistan on Thursday summoned Indian envoy over cross-border shelling, which killed at least two civilians along the Working Boundary, according to a statement.
Director General for South Asia and SAARC of Foreign Ministry Mohammad Faisal summoned the Indian Deputy High Commissioner, J.P. Singh on Thursday and condemned the "unprovoked ceasefire violations" by the Indian forces in Phuklian Sector on Sept. 13, said the statement.
According to the statement, two civilians were killed while three others were injured.
"Despite calls for restraint, India continues to indulge in ceasefire violations. In 2017 to date, Indian forces have carried out more than 700 ceasefire violations along the Line of Control and the Working Boundary, resulting in the Shahadats (martyrdom) of 32 innocent civilians and injuries to 116, as compared to 382 ceasefire violations in 2016," the statement said.
It said the "deliberate targeting of civilians" is indeed deplorable and contrary to human dignity and international human rights and humanitarian laws.
Pakistan and India had declared ceasefire along the Line of Control (LoC) in the disputed Kashmir region and the Working Boundary in 2003. Both, however, routinely accuse each other of violating the ceasefire.
The director general urged the Indian side to respect the 2003 ceasefire arrangement, investigate this and other incidents of ceasefire violations, and instruct the Indian forces to respect the ceasefire, in letter and spirit and maintain peace on the LoC and Working Boundary.
He reiterated Pakistan's call on the Indian side to permit UN Military Observers Group in India and Pakistan to play its mandated role as per the UN Security Council resolutions.
The latest incident happened as the escalation of tension along the LoC has been seen since a militant attack on an army center in the Indian-controlled Kashmir which killed 19 soldiers on Sept. 18 last year.
The Indian military blamed the Pakistan-based Jaish-e-Mohammad group for the attack and also pointed fingers at Pakistan. However, Islamabad rejected the charges and suggested an independent investigation.
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People visit an exhibition of paintings and photos of the BRICS countries in Xiamen, southeast China's Fujian Province, Sept. 15, 2017. The exhibition is a part of one-week BRICS Cultural Festival which kicked off here on Friday. (XinhuaLin Shanchuan)
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PHNOM PENH, Aug. 2 (Xinhua) -- Worldbridgeland (Cambodia) and Sino Great Wall International Engineering Co. Ltd. signed an agreement on Wednesday to form a joint venture company called the "Company," which will focus on the development of public infrastructure projects in Cambodia.
The Memorandum of Understanding (MoU) was inked in Phnom Penh between Sear Rithy, chairman of Worldbridgeland (Cambodia), and Liang Rong, vice chairman of Sino Great Wall International Engineering Co., Ltd.
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