Canadian equities extended their gains on Thursday as bullish sentiment continued to dominate the market following the release of significantly better-than-expected U.S. retail sales and manufacturing numbers. The S&P/TSX Composite Index surged to a fresh all-time high, climbing 129 points, or 0.5%, to close at 24,690.
While nearly all key sectors ended the session in green, the market rally was mainly driven by solid gains in energy, mining, and financial stocks. With this, the TSX benchmark now trades with a solid 17.8% year-to-date gain.
Top TSX Composite movers and active stocks
Shares of K92 Mining (TSX:KNT) jumped by about 7% to $9.54 per share, making it the top-performing TSX stock for the day. This rally in KNT stock came after the Vancouver-based metals miner unveiled its updated integrated development plan for the Kainantu Gold Mine, reflecting a big boost in project economics.
K92 told investors that the Stage 3…
