Despite consistent weakness in metals and crude oil prices, Canadian equities started the new week on a slightly positive note as investors continued to react positively to Donald Trump’s victory in the U.S. presidential election, largely interpreting it as a potential catalyst for pro-growth policies. The S&P/TSX Composite Index climbed by 30 points for the day to settle at 24,789 — not far away from its all-time high.
Although steep declines in gold, silver, and copper prices triggered a selloff in the mining sector, continued buying in technology, financial, and industrial stocks helped offset the losses and kept the TSX in positive territory.
Top TSX Composite movers and active stocks
Onex, South Bow, Primo Water, and Mattr were the top-performing TSX stocks yesterday, with each climbing by at least 4.6%.
Shares of Constellation Software (TSX:CSU) also rose 2.2% as its upbeat third-quarter earnings boosted investors’…
