Canadian Stocks Climb for Second Day

This article was automatically generated by MarketWatch using technology from Automated Insights.

Stocks in Canada rose Thursday, as the S&P/TSX Composite Index gained 0.7% to 21942.16. The blue-chip S&P/TSX 60 added 0.6% to 1,309.67.

Among large companies, MDA Space Ltd. was the biggest gainer during the session, surging 13%, and BlackBerry Ltd. surged 11%. NovaGold Resources Inc. rounded out the top three movers on Thursday, as shares surged 6.0%.

International Petroleum Corp. posted the largest decline, falling 3.4%, followed by shares of Ivanhoe Mines Ltd., which fell 2.5%. Shares of G Mining Ventures Corp. fell 2.1%.

U.S. stock indexes climbed as the NASDAQ Composite Index rose 0.3%. Meanwhile, the Dow Jones Industrial Average added 0.1%, and the S&P 500 Index gained 0.1%.

On the currency front, the WSJ Dollar Index declined 0.1% to 100.57. Locally, the dollar was equivalent to CAD0.73, up 0.1%.

In the bond markets, the yield on 10-year Canadian government bonds declined 1.72 basis points to 3.473%, and 10-year U.S. Treasury yields fell 0.04 basis point to 4.289%.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 27, 2024 16:59 ET (20:59 GMT)

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