
TSX recap: Index climbs 0.81% on strength in finance, tech
BNN Bloomberg
Strength in base metal, financial and technology stocks helped lead a broad-based rally Monday, with Canada's main stock index rising more than 150 points while U.S. stock markets also climbed higher.
Markets began the week on an optimistic note, said Danick Dutrisac, vice-president and portfolio manager at Fiduciary Trust Canada.
“It’s been pretty much a risk-on day ... there’s really not a lot of negative in the markets on both sides of the border,” he said.
The S&P/TSX Composite Index was up 157.94 points, or 0.81 per cent, at 19,620.80.
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