Toronto Stocks Touch New High, Buoyed by Mining and Financial Shares
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Toronto's S&P/TSX Composite Index reached a new high, up 0.9% at 32655.39, buoyed by mining and financial stocks despite a softer employment report. The index is set to gain 2.4% for the week. Notable movers include Aritzia, up 3.6% after record revenue, and Ag Growth International, which surged 25% on strong earnings. Conversely, Algoma Steel fell 0.7% due to lower shipment forecasts. Overall, resource stocks benefited from rising gold, silver, and oil prices.
Source: MorningStar The copyright of this article belongs to the original author/organization.
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