Canadian stocks rose for a fifth straight session Thursday, lifted by strong commodity prices and hopes of a positive outcome from ongoing U.S. trade talks with key partners ahead of the Good Friday holiday. The S&P/TSX Composite Index advanced by 86 points, or 0.4%, for the day to settle at 24,193 — marking its highest closing since April 3.
Nearly all main sectors ended the session in the green territory, but the market rally was primarily led by healthcare, energy, and utility stocks. With that momentum, the TSX ended the week up 2.6%, its biggest weekly jump in 31 weeks.
Top TSX Composite movers and active stocks
Bausch Health Companies (TSX:BHC) rallied by 13.3% to $7.07 per share, making it the session’s top-performing TSX stock. This rally in BHC stock came after the U.S. District Court ruled in favour of Bausch Health, the FDA, and Teva in a key legal case involving the company’s drug Xifaxan.
The court rejected…
