The Canadian stock market started the new month on a solid note after surging by 7.2% in November, as weaker-than-expected U.S. manufacturing numbers kept hopes alive that the Federal Reserve will soon pause interest rate hikes. The S&P/TSX Composite Index inched up by 217 points, or 1.1%, on Friday to settle at 20,453 — its highest closing level since September 18.
While all main market sectors ended the session in the green territory, the TSX index rally was primarily driven by robust gains in healthcare, real estate, consumer cyclicals, and technology stocks.
Top TSX Composite movers and active stocks
Ero Copper, Torex Gold Resources, Hudbay Minerals, and Tilray Brands were the top-performing TSX stocks in the first trading session of December, as they inched up by more than 6% each.
Shares of Lundin Mining (TSX:LUN) climbed up by 4.3% to $9.80 per share a day after the company announced its updated share capital and voting…
