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Canada’s equities benchmark index closed at a new all-time high Thursday on the backs of bank stocks, surging commodity prices and a rally in the country’s growing tech sector.
The S&P/TSX Composite Index climbed to 22,087.26, setting its first record since 2022, as financial and real estate stocks led a broad-based rally. The country’s financial sector, which accounts for 31% of the index’s weighting, has climbed 4.2% in 2024.
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