By Adriano Marchese
Toronto stocks were firmly higher Monday, while U.S. markets were closed for the Memorial Day long weekend. All sectors were pushing the indexes higher, with manufacturing stocks leading the charge, followed by consumer durables and consumer discretionary stocks.
Canada’s S&P/TSX Composite Index rose 0.8% to 26080.99 and the blue-chip S&P/TSX 60 advanced by 0.8% to 1561.42.
Ivanhoe Mines fell by more than 15% to 10.89 Canadian dollars ($7.93) after the miner withdrew its guidance for its mine in Congo, whose operations remain suspended.
Other market movers:
ATS shares climbed by 17% to C$41.07 after the Canadian factory automation systems company reported preliminary fourth-quarter results that were better than expected after receiving $134.8 million from a customer for payments owed.
Barrick Mining is fighting to retain control of its gold operations in Mali after the West African…
