Canadian equities continued to climb up for a second consecutive session on Tuesday, as strengthening commodity prices across the board amid prospects of improving demand outlook kept investors optimistic, despite the release of a mixed domestic consumer inflation report. The S&P/TSX Composite Index surged by 217 points, or 1.1%, yesterday to 20,840, hitting its highest closing level in over 18 months.
While nearly all key market sectors, except technology, ended the session in the green, handsome gains in metal mining, healthcare, consumer, and bank stocks mainly led the TSX rally.
Top TSX Composite movers and active stocks
Canfor, Interfor, West Fraser Timber, Equinox Gold, and Orla Mining were the top-performing TSX stocks yesterday, as they rallied by at least 6.5% each.
In contrast, uranium stocks like Cameco, Denison Mines, NexGen Energy, and Energy Fuels dived by at least 4% each, making them the day’s worst performers on…
