A temporary pause in U.S.-China tariff increases helped Canadian equities start the new week on a positive note even as an intraday weakness in metals prices weighed on mining stocks. The S&P/TSX Composite Index climbed by 174 points, or 0.7%, on Monday to settle at 25,532 — registering its fifth consecutive winning session.
Despite weakness in mining and utility stocks, signs of easing global trade tensions encouraged buying across most other sectors, especially in technology, healthcare, and consumer cyclicals.
Top Composite movers and active stocks
Shopify, Aritzia, TFI International, Hudbay Minerals, and Tilray were the top-performing TSX stocks for the day, with each jumping by at least 8.5%.
On the flip side, shares of Orla Mining (TSX:OLA) dived by 15.6% to $13.07 per share, making it one of the worst-performing TSX stocks. This selloff in OLA stock came after the Vancouver-based mining firm…
