Canada Stocks Rally the Most in Nearly a Year, Led by Advances in Tech Shares
- S&P/TSX Composite has biggest surge since Nov. 10, 2022
- Shopify, Lightspeed Commerce, Dye & Durham shares advance
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Canada’s benchmark stock index posted its biggest one-day jump in nearly a year, rebounding from a late October slump as tech shares rallied.
The S&P/TSX Composite index ended the trading day 2.9% higher at 19,626.34 points on Thursday, marking the largest gain since Nov. 10, 2022. Shopify, Inc., Lightspeed Commerce Inc. and Dye & Durham Ltd were among the top tech advancers for the index, with increases ranging from 12% to 21% as of 4 p.m. Toronto time.