Surging gold and natural gas prices helped Canadian stocks continue to trade positively on Wednesday, even as growing geopolitical tensions and recently released higher-than-expected consumer inflation data kept investors on edge. The S&P/TSX Composite Index added 26 points, or 0.1%, to close at 25,036, posting its third consecutive winning day.
Despite weakness in some sectors like consumer cyclicals, technology, and utilities, renewed buying in mining and energy stocks helped offset broader market softness.
Top TSX Composite movers and active stocks
Advantage Energy, Birchcliff Energy, CES Energy Solutions, and International Petroleum were the top-performing TSX stocks for the day, with each climbing by at least 4.7%.
Shares of Metro (TSX:MRU) also traded positively after the food and pharmacy retailer announced its better-than-expected quarterly earnings. In the quarter ended in September 2024, the Montréal-based firm’s…
