TORONTO: Canada’s main stock index gained on Friday, wrapping up the week on a positive note, helped by gains in material and tech stocks. The Toronto Stock Exchange’s S&P/TSX composite index was up 95.07 points, or 0.45%, at 21,413.15.
The index hit its highest level since April 2022 and posted a weekly gain after a tech-fuelled rally in the previous session. The materials sector gained 1.3% helped by higher gold and nickel prices.
Heavyweight financials rose 0.6%, boosted by a 4.5% gain in investment manager CI Financial, whose fourth-quarter profit beat estimates.
Technology stocks were 1.3% higher, powered by a 17% surge in Docebo after the software company’s fourth-quarter results beat analysts’ estimates.
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