On Friday the shares of Canada were demonstrating the upmove amid growing confidence in that China will soon announce the stimulating plan and hopes of the US economic revival.


The Canadian S&P/TSX Composite grew by 57.31 pips or by 0.5% to the mark of 12, 089.89 pips. Weekly, the index added 1.7%, and from the beginning of 2012 it increased by 1.1%.


The Friday growth was lead by the healthcare and industrial sectors.


The index S&P/TSX Capped Diversified Metals & Mining ascended by 0.8%. The shares of HudBay Minerals added 2.9%, Sherritt International upticked by 2.1%, and Inmet Mining Corp. advanced by 1.8%.


The potential for the further stimulation of the Chinese economy, a slight progress in solving the European crisis, and the signs of the US economic recovery are the main drivers of the stock market increase in Canada.


Moreover, the Canada�s government published the report on the consumer inflation rate. The prices went higher by 1.3% in July as compared to the previous year after the increase by 1.5% in June.