Canada’s main stock index eclipsed the previous session’s record high on Wednesday, as heavyweight financial shares rose after positive results from the National Bank of Canada and the Bank of Montreal.
The Toronto Stock Exchange’s S&P/TSX composite index TSX was up 0.13% at 26,302.66 points. It had closed on record highs in the previous two sessions.
The heavyweight financial subindex (.SPTTFS) was up 0.3%, led by a gain of 9.2% in insurer Definity Financial Corporation’s 
DFY shares. Definity said it agreed a C$3.3 billion ($2.39 billion) cash deal to acquire all but the surety unit of Travelers Canada.
Bank of Montreal 
BMO gained 1.8% after Canada’s third largest lender beat analysts’ profit estimates in the second-quarter.
National Bank of Canada 
NA also gained 4.4% after it reported a rise in second-quarter profit.
But the information and technology TTTTK subindex slipped 0.7% ahead of tech giant Nvidia’s results later in the…
