The Canadian equities market traded positively for a third consecutive session on Monday as the Federal Reserve’s major rate cut boosted investor confidence, supporting the market’s continued upward momentum. The S&P/TSX Composite Index climbed by 27 points for the day to 23,895 — marking a new all-time high for the third straight day.
Despite weakness in silver and copper prices pulling metal mining stocks down, strong gains in sectors like energy, consumer, and utility lifted the TSX benchmark.
Top TSX Composite movers and active stocks
Secure Energy Services, Denison Mines, NexGen Energy, and Enghouse Systems were yesterday’s top-performing TSX stocks, each rising by at least 3.3%.
In contrast, SSR Mining (TSX:SSRM) dived by more than 6% to $7.68 per share, making it the day’s worst-performing TSX stock. This selloff in SSRM stock came after the precious metals miner announced that its Seabee operations will restart in…
