An intraday strength in crude oil and base metals prices helped the Canadian stock market start the new week on a firm note, as investors awaited the U.S. consumer inflation numbers. The S&P/TSX Composite Index climbed up by 53 points, or 0.3%, yesterday to settle at 21,067 — marking its fourth winning day out of the last five sessions.
Handsome gains in most other sectors, mainly healthcare, consumer cyclical, and energy, pushed the market benchmark upward. Conversely, tech investors turned cautious ahead of Tuesday’s U.S. consumer price index data, leading to declines in tech stocks.
Top TSX Composite movers and active stocks
Canada Goose, Lithium Americas, and New Gold were the top-performing TSX stocks in the last session as they inched up by at least 5.7% each.
Shares of Fairfax Financial (TSX:FFH) also jumped nearly 5% to $1,323.40 per share, extending its year-to-date gains to 8.3%. This rally in FFH stock came after the…
