Banks, Energy Lead TSX Higher -- Canadian Commentary

(RTTNews) - Canadian stocks rose for a third session Wednesday amid gains in the powerhouse energy and financial sectors.

With risk appetite rising on support from global central banks, crude oil prices jumped back near $40 a barrel after recent losses.

The S&P/TSX Composite Index rose 77.75 points, or 0.58 percent, to 13,503.98.

Dollarama (DOL.TO) announced that it has appointed Neil Rossy as its President and CEO, effective May 1. The company also reported fourth quarter EPS of C$1.00, up from C$0.76 a year ago. The stock jumped 7.5 percent.

SNC-Lavalin Group (SNC.TO) is up 0.92 percent, after it finalized the sale of its stake in Malta International Airport. Shares rose 1.8 percent.

Denison Mines (DML.TO) added 3 percent. The company announced the execution of a Definitive Share Purchase Agreement with GoviEx Uranium Inc. to combine their respective African uranium mineral interests.

Cequence Energy Ltd. (CQE.TO) abruptly replaced its chief executive and dismissed two of its vice-presidents. The stock plunged 31.6 percent.