Despite weakness in crude oil and base metals prices, the Canadian stock market rose for a second consecutive session on Friday as investors continued to closely monitor corporate earnings. The S&P/TSX Composite Index advanced by 95 points, or 0.4%, in the last session to settle at 21,413.
Even as shares of healthcare and utility companies witnessed weakness, most other main market sectors, including mining, technology, and financials, inched up to take the TSX benchmark higher.
Top TSX Composite movers and active stocks
Altus Group, Lundin Gold, SSR Mining, Nuvei, and TransAlta were the top-performing TSX stocks for the day as they surged by over 5% each.
Shares of Exchange Income (TSX:EIF) also climbed by 4.8% to $49.04 per share a day after releasing its fourth-quarter earnings report. In the quarter ended in December 2023, the Winnipeg-headquartered acquisition-focused firm’s total revenue rose 20.9% from a year ago to $656.7…
