By Adriano Marchese
Toronto stocks were slightly higher Thursday at midday. Most sectors were trending higher, led by energy, health tech and communications stocks, offsetting losses in the materials, process industries and tech sectors.
On the macroeconomic front, Canadians bought 27.15 billion Canadian dollars, the equivalent of $19.59 billion, worth of foreign securities in February, with a record investment in U.S. equities even as foreign investors offloaded Canadian shares.
Markets in Canada will be closed Friday for the Good Friday holiday.
Canada's S&P/TSX Composite Index rose 0.3% to 24171.43, and the blue-chip S&P/TSX 60 advanced by 0.3% to 1449.38.
Shares of uranium miner Energy Fuels rose 6.2% to C$6.55 after it said it is positioning itself as a producer of many of the critical minerals the U.S. relies on imports for, and which are now subject to hefty Chinese export controls.
Other market movers:
Corus Entertainment's shares rose 4.8% to C$0.11 a share after the long-serving chair of the embattled Canadian media company, Heather Shaw, said she is stepping away from her executive role of running the board.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
April 17, 2025 12:10 ET (16:10 GMT)
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