MinimalPositive
Announced Sat, 13 Jun · 02:07 IST
TSX adds to weekly gain as peace deal hopes lift copper prices
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Canada's S&P/TSX composite index rose 0.8% to 34,937.85, marking a weekly gain of 1.5%, driven by a 3.1% surge in materials stocks as copper prices climbed 2.7% on hopes of a US-Iran peace deal. Energy stocks fell 0.5% as oil settled 3.2% lower at $84.88 a barrel. Separately, Bank of Canada held its benchmark rate at 2.25%, signalling vigilance on energy-driven inflation.