Rallying metals prices and robust corporate earnings helped the Canadian stock market rebound sharply on Wednesday as investors shrugged off recent trade war concerns. The S&P/TSX Composite Index climbed by 290 points, or 1.1%, to settle at 25,570 — erasing losses from earlier in the week.
While all key market sectors ended the session in green, the TSX recovery was mainly led by solid gains in healthcare, technology, and mining stocks.
Top TSX Composite movers and active stocks
Finning International (TSX:FTT) jumped by 12.6% to $41.16 per share, making it the top-performing TSX stock for the day. This rally in FTT stock came a day after the Vancouver-based Caterpillar dealer announced its far better-than-expected fourth-quarter results.
In the quarter ended in December 2024, Finning’s total revenue rose 7.3% year over year to $2.6 billion, helping the company post record annual revenue of $10.1 billion. Higher revenue, along…
