After falling nearly 2% over the previous two sessions, Canadian stocks turned slightly positive on Tuesday, as firm metals prices and cooler-than-expected U.S. wholesale inflation data sparked a relief rally. The S&P/TSX Composite Index ended the session with a 52-point, or 0.2%, gain at 24,589.
Despite weakness in some key sectors like consumer noncyclicals and utilities, handsome gains in shares of mining, consumer discretionary, and financial companies pushed the TSX benchmark higher.
Top TSX Composite movers and active stocks
Fortuna Mining, TerraVest Industries, SilverCrest Metals, and MAG Silver were the top-performing TSX stocks for the day, with each climbing by at least 6.4%.
In contrast, Cogeco Communications (TSX:CCA) dived by about 6% to $63.43 per share, making it the session’s worst-performing TSX stock. This selloff in CCA stock came a day after the Montréal-based telecommunications firm…
