As the post-election rally in U.S. markets gained steam, Canadian stocks soared to new heights on Thursday, also supported by the ongoing strength in gold, oil, and natural gas prices. The S&P/TSX Composite Index inched up by 354 points, or 1.4%, to settle at 25,391, not only marking its fourth consecutive day of gains to reach a fresh all-time high but also posting its largest single-day percentage gains in over three months.
The TSX saw all key sectors finish higher, but energy, technology, and industrial stocks led the charge with standout intraday gains. With a 2% week-to-date gain, the TSX benchmark remains on track to end the third consecutive week in green territory.
Top TSX Composite movers and active stocks
TransAlta, NuVista Energy, Cameco, and Vermilion Energy were the top-performing TSX stocks yesterday, with each surging by at least 5.5%.
Shares of Gildan Activewear (TSX:GIL) also traded positively after the…
