TSX Today: What to Watch for in Stocks on Monday, January 15

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Canadian stocks traded on a slightly positive note on Friday following the release of weaker-than-expected U.S. wholesale inflation data. The S&P/TSX Composite Index rose 72 points, or 0.3%, to settle at 20,990.

A sharp rally in gold and silver prices drove the shares of precious metal miners higher. In addition, moderate gains in other key market sectors like technology, industrials, and energy helped the TSX remain positive.

Top TSX Composite movers and active stocks

NexGen Energy, IAMGOLD, and Denison Mines were the top-performing TSX stocks in the last session, as they inched up by at least 10% each.

Aritzia (TSX:ATZ) stock also continued to be among the top gainers for the second consecutive session, extending its weekly gains to 39.5%. The recent rally in ATZ stock started last week after the Vancouver-based fashion retailer announced its strong November quarter results.

Even as Aritzia…

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