Canadian stocks went sideways on Thursday in the lack of any major catalysts or drivers. The S&P/TSX Composite Index ended the volatile session with a minor 11-point gain at 20,969, as 10-year bond yields remained elevated.
Even as industrial and tech stocks witnessed renewed buying, most other sectors, mainly healthcare and utilities, fell sharply. In addition, weakening metals prices weighed on metal and mining stocks, restricting the TSX benchmark’s upward movement.
Top TSX Composite movers and active stocks
Birchcliff Energy, Advantage Energy, and Shopify were the top-performing TSX stocks, as they inched up by at least 4.3% each.
Shares of Nuvei (TSX:NVEI) also rose more than 4% to $34.96 per share, making it among yesterday’s top performers on the Toronto Stock Exchange. These gains in NVEI stock came after the Montréal-based payment technology provider launched its enhanced omnichannel payments solution globally,…
