The Toronto Stock Exchange's main index was higher on Thursday, boosted by energy and technology stocks.

The Toronto Stock Exchange's S&P/TSX composite index rose 0.5 percent, or 78.02 points, to end at 15,542.06. The index gained 1.8 percent over the week.
The Toronto Stock Exchange's S&P/TSX composite index (.GSPTSE) ended up 177.84 points, or 0.8%, at 21,271.85. For the week, it climbed 2.6%, its biggest weekly advance since March last year.
When foreign investors see oil prices going up, they bring money into the Canadian market, said Lorne Steinberg, president of Lorne Steinberg Wealth Management Inc.
The energy sector touched its highest intraday level since August 2018 before closing 0.6% higher. U.S. crude oil futures settled up 2.3% at $92.31 a barrel as frigid U.S. weather and ongoing political turmoil among major world producers fueled worries about supply disruptions.
The Toronto market is made up of two main sectors: energy and financials. Together, they account for nearly half the total value of the market. Financials also gained ground on Friday, increasing by 0.5%.
"Canadian bank stocks still look cheap to us," Steinberg said. "Canadian credit is in great shape, loan losses are minimal, the housing market remains strong."
As Amazon.com Inc's positive numbers boosted sentiment and U.S. jobs data pointed to underlying strength in the economy, Wall Street indexes also rallied.
The Canadian economy lost more jobs than expected in January as the COVID-19 wave peaked, but analysts expect a quick rebound in coming months.
Shopify Inc (SHOP.TO) was among the stocks with the biggest gains on the Toronto market. It rallied 8.8%, helping the technology group to a 2.7% advance.

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