Canada’s main stock index gained nearly 200 points, led by the tech and industrial sectors. The S&P/TSX composite index rose 193.18 points to close at 26,073.13. One of the big gainers was ATS Corp.
Canada’s main stock index gained nearly 200 points, led by the tech and industrial sectors.
The S&P/TSX composite index rose 193.18 points to close at 26,073.13.
One of the big gainers was ATS Corp., whose shares surged more than 20 per cent after it announced a US$135 million settlement with an electric vehicle customer over outstanding payments.
Meanwhile, Ivanhoe Mines Ltd. dropped more than 16 per cent on the TSX as seismic activity continued to halt underground operations at a copper mine in the Democratic Republic of Congo.
U.S. stock and commodities markets were closed for the Memorial Day holiday.
The Canadian dollar closed at 72.83 cents US compared with 72.70 cents US on Friday.
Kevin Burkett, portfolio manager at…
