Canadian equities started the new week on a slightly positive note as investors continued to weigh corporate earnings ahead of the key U.S. consumer inflation report. After surging by 2.7% last week, the S&P/TSX Composite Index advanced by 17 points on Monday to settle at 27,775.
Despite weakness in real estate and mining stocks, strong gains in other main sectors like healthcare, consumer discretionary, and consumer staples helped the TSX index finish in positive territory.
Top TSX Composite movers and active stocks
Bausch Health Companies (TSX:BHC) jumped by over 16% to $9.21 per share, making it the top-performing TSX stock for the day. While there was no company-specific announcement today, recent momentum may have been fueled by the company’s stronger-than-expected second-quarter results released late last month, which marked its ninth consecutive quarter of revenue and adjusted EBITDA (earnings before…
