A strong bounce back in crude oil and metals prices helped the Canadian stock market trade positively on Tuesday, even as a mixed start of bank sector earnings weighed on the financial sector. The S&P/TSX Composite Index climbed by 45 points, or 0.2%, closing at 25,635 — just shy of its all-time high of 25,648.
While gains in silver and copper prices drove a rally in metals and mining stocks, declines in technology and bank stocks limited the TSX benchmark’s upside.
Top TSX Composite movers and active stocks
Fortuna Mining, SilverCrest Metals, New Gold, and First Majestic Silver were the top-performing TSX stocks for the day, with each climbing by at least 6.8%.
In contrast, shares of Bank of Nova Scotia (TSX:BNS) dived by 3.4% to $77.10 per share after its October quarter earnings missed Street analysts’ estimates. During the quarter, the Canadian lender’s total revenue rose 2.6% year over year to $8.5 billion, but higher…
