The Canadian stock market bounced back from its lowest level of 2024 on Thursday with the help of an intraday recovery in crude oil and precious metals prices. The S&P/TSX Composite Index rose 62 points, or 0.3%, yesterday to settle at 20,757.
Even as healthcare and utility stocks plunged further, strong gains in other sectors like consumer noncyclicals, industrials, and financials led the TSX benchmark’s recovery.
Top TSX Composite movers and active stocks
Orla Mining (TSX:OLA), GFL Environmental, Onex, Stella-Jones, and Badger Infrastructure were the top-performing TSX stocks in the last session as they inched up by at least 3.5% each.
The rally in Orla’s share prices started after the Vancouver-headquartered gold firm announced positive results from its 2023 exploration activities at the Camino Rojo Oxide Mine in Mexico. Orla’s exploration activity, which included 6,500 metres of drilling, confirmed and expanded oxide gold…
