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Toronto Stocks Edged Forward; Ballard Power Rises on Partnership with Vertiv

By Adriano Marchese

 

Toronto stocks were slightly higher in midday trading Tuesday, with a broad-based sector push driving the indexes higher. Of the gainers, tech, energy and health services gained the most, while tech services and communications were the main decliners.

Canada's S&P/TSX Composite Index pushed 0.3% higher at 21660.54. The blue-chip S&P/TSX 60 rose by 0.3% to 1292.57.

Ballard Power Systems shares were 8.8% higher at 3.82 Canadian dollars ($2.78) after it said it has partnered with data-center critical infrastructure provider Vertiv Holdings to focus on backup power applications.

 

Write to Adriano Marchese at adriano.marchese@wsj.com

 

(END) Dow Jones Newswires

June 18, 2024 12:16 ET (16:16 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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