The S&P/TSX Composite Index (INDEXTSI:OSPTX) declined slightly last week, falling 0.31 percent to 20,103.2.
The latest inflation data shows Canada’s consumer price index rose 3.1 percent year-on-year in October, in line with forecasts from economists. The number is down from September’s reading of 3.8 percent. However, Leslie Preston, senior economist at TD (TSX:TD,NYSE:TD), told CBC that Canadians probably aren’t noticing price decreases.
“Slower growth in prices may be imperceptible to consumers who are still paying more than 20 per cent more for a basket of groceries relative to three years ago — the biggest such increase in 40 years,” she said.
Against that backdrop, some resource juniors listed on the TSX saw their share prices go up last week. Here’s a look at the five biggest gainers and the factors that moved their share prices during the period.
