The Canadian stock market started the new month on a slightly positive note as the release of largely better-than-expected U.S. job openings and manufacturing data gave further fuel to the ongoing rally. After ending the third quarter with solid 9.7% gains, the S&P/TSX Composite Index climbed by 34 points on Tuesday to settle at 24,034, its all-time high on a closing basis.
Despite an intraday weakness in sectors like technology and industrials, solid gains in mining and energy stocks helped lift the TSX benchmark.
Top TSX Composite movers and active stocks
Canadian Natural Resources, Baytex Energy, Imperial Oil, and Veren were the top-performing TSX stocks for the day, with each climbing by at least 4.2%.
Shares of MEG Energy (TSX:MEG) also rose 3.8% to $26.37 per share, extending its year-to-date gains to 11.4%. This rally in MEG stock came after the Calgary-headquartered energy firm announced that it has successfully achieved…
