Markets

Strong Second Half Brings TSX 110 Pts, 1% in Gains; Commodity, Financials Lead The Way, Bargain Buying Of Other Stocks

Toronto stocks enjoyed a strong second half to the day, finishing Thursday's session up 110 points or 1% having only turned in to positive territory around the midday mark. It moved steadily higher from there.

Buying was spread among the sectors with all but two of the top 10 most actively traded stocks closing higher. Financials (Manulife and Royal Bank) and gold stocks (like Kinross) were popular. Other stocks like Yellow Media (YLO.TO) and Bombardier (BBD-B.TO) may have been targeted by bargain hunters after recent strong falls.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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