Canadian equity markets closed higher on Monday, with the S&P/TSX Composite finishing the day up 0.18% in Toronto. Sector leadership came from Materials, Energy and Utilities, which collectively helped push the index into positive territory at the close.
The day’s top-performing stocks on the S&P/TSX Composite included Endeavour Silver Corp. (TSX:EDR), which jumped 12.60% or 1.73 points to finish at 15.46. Silvercorp Metals Inc (TSX:SVM) climbed 9.14% or 1.69 points to end at 20.19, and Barrick Gold Corporation (TSX:ABX) advanced 9.06% or 5.35 points to close at 64.40.
On the downside, Bausch Health Companies Inc (TSX:BHC) led losses, falling 6.98% or 0.55 points to 7.33 at the close. Shopify Inc (TSX:SHOP) declined 6.90% or 10.40 points to finish at 140.28, while Kinaxis Inc (TSX:KXS) was down 6.75% or 10.71 points to 148.02.
Market breadth favored advancers over decliners on the Toronto Stock Exchange, with 552 stocks up versus 414 that fell, and 59 ending unchanged.
Silvercorp Metals (TSX:SVM) reached a milestone during the session, rising to record highs as the shares increased 9.14% to 20.19.
Measures of investor sentiment showed a slight easing in implied volatility: the S&P/TSX 60 VIX was down 0.70% to 17.04.
Commodity markets were firmer. Gold Futures for June delivery rose 0.32% or 14.94 to $4,745.64 a troy ounce. Crude oil for June delivery gained 2.97% or 2.83 to $98.25 a barrel, and the July Brent contract increased 2.94% or 2.98 to trade at $104.27 a barrel.
On the currency front, CAD/USD was effectively unchanged, moving 0.04% to 0.73, while CAD/EUR was unchanged at 0.62 with a 0.01% move reported. The US Dollar Index Futures was up 0.04% at 97.82.
The trading session combined sizable individual stock moves, particularly in the metals and mining complex, with broader market stability as measured by lower VIX readings and modest gains for the headline index. Commodities and exchange-rate moves were notable inputs to the day’s market dynamic.