Canadian stocks continued to rally for the third consecutive session on Friday as surging precious metals prices and recent central bank easing lifted investor sentiment. The S&P/TSX Composite Index jumped by 315 points, or 1.1%, to settle at 29,768 — not only marking a new all-time closing high but also capping off the index’s strongest daily performance in over six weeks.
Despite weakness in some healthcare stocks, solid gains in most other key market sectors, mainly mining, technology, and financials, drove the index higher. Gold and silver miners rallied on the back of a sharp uptick in precious metals, while technology shares benefited from renewed investor appetite for growth. With 1.7% weekly gains, the TSX benchmark concluded its seventh consecutive winning week.
Top TSX Composite movers and active stocks
Barrick Mining, Endeavour Silver, First Majestic Silver, and Energy Fuels were the…
