Canadian stocks continued to surge for the fifth consecutive session on Friday as strengthening commodity prices and better-than-expected domestic retail sales numbers boosted investors’ confidence. The S&P/TSX Composite Index rose by 54 points, or 0.2%, for the day to settle at 25,444, posting a fresh all-time high on a closing basis.
Despite weakness in the healthcare sector, continued buying in industrial, mining, and bank stocks helped the TSX extend its record-breaking rally. With this, the TSX Composite ended the week with solid 2.2% gains, delivering its best weekly performance in over two months.
Top TSX Composite movers and active stocks
ATS, Aya Gold & Silver, Finning International, and Bombardier were the day’s top-performing TSX stocks, with each inching up by at least 2.8%.
Shares of Toronto-Dominion Bank (TSX:TD) also traded positively after announcing the appointment of Michelle Myers as its global chief auditor,…
