The Canadian stock market remained largely muted on Thursday as mixed corporate earnings and uncertainty about future rate cuts kept investors on edge despite a sharp intraday recovery in precious metals prices. The S&P/TSX Composite Index climbed 34 points, or 0.1%, to settle at 30,179 as rollercoaster trading in key sectors reflected the market’s cautious mood.
Even as real estate and technology stocks continued to post sharp declines for a second consecutive session, healthy gains in healthcare and mining offset broader weakness, keeping the market benchmark marginally in positive territory.
Before the last trading day of October, the TSX Composite now trades with a small 0.5% month-to-date gain.
Top TSX Composite movers and active stocks
Shares of Allied Properties Real Estate Investment Trust (TSX:AP.UN) plunged more than 17% to $15.26 on Thursday, making it the worst-performing stock on the Toronto Stock Exchange. The sharp…
