TSX Up Marginally; Energy Stocks Rise
From Nasdaq: 2025-06-10 12:39:00
The Canadian market started flat but edged up, driven by gains in energy, consumer, and communications sectors. Investors are hopeful about progress in U.S.-China trade talks. The S&P/TSX Composite Index was up 0.14% at 26,387.13. Energy stocks rose due to higher crude oil prices, with Baytex Energy up nearly 8%. Consumer discretionary stocks like Linamar Corp and Brp Inc. saw gains of 1.3 to 4%. In the communications sector, BCE Inc. and Rogers Communications were up 2.7% and 2.3% respectively. Overall, the market showed cautious optimism amidst ongoing trade talks.
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