Canadian stocks traded positively for the third session in a row on Monday, as investors awaited key economic releases scheduled for later this week, including the Bank of Canada’s interest rate decision. The S&P/TSX Composite Index rose 18 points, or 0.1%, to settle at 20,924.
Even as healthcare, real estate, and consumer cyclical stocks witnessed healthy gains, weakness in other sectors like utility, industrial, and metal mining stocks restricted the TSX benchmark’s upward movement.
Top TSX Composite movers and active stocks
Shares of Mullen Group (TSX:MTL) rose 4.2% to $15.06 per share after more equity research firms raised their respective target prices on the stock. Notably, Street analysts started turning more optimistic on MTL stock last week after the Okotoks-headquartered logistics company announced its intentions to acquire ContainerWorld, a transportation and warehousing firm based in British…
