The Canadian stock market remained mixed for the second consecutive session on Thursday as investors continued to speculate about the Federal Reserve’s upcoming monetary policy moves after the recently released cooler consumer inflation data. The S&P/TSX Composite Index ended the session with a minor day gain of 15 points at 22,300.
Even as volatile commodity prices pressured mining and energy stocks, strong gains in most other key sectors, primarily healthcare, consumer, and utilities due to renewed rate cut hopes and largely better-than-expected corporate earnings, helped the TSX benchmark remain in the green territory.
Top TSX Composite movers and active stocks
Lightspeed Commerce (TSX:LSPD) jumped by 18.3% to $20.55 per share, making it the top-performing TSX stock for the day. This rally in LSPD stock began after the Montréal-headquartered commerce platform provider announced its upbeat quarterly financial results.
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