Equities in Canada’s largest market perked Friday, as health-care and energy issues provided the impetus.
The TSX rocketed 181.76 points to close Friday at 19,472.74. On the week, the index leaped 364 points, or 1.9%.
The Canadian dollar surged 0.12 cents to 82.39 cents U.S.
Health-care enjoyed the most accolades, with Organigram Holdings up 35 cents, or 11.7%, to $3.33, while Aurora Cannabis stocked 54 cents, or 5.3%, to $10.82.
Among energy issues, Enerplus leaped 41 cents, or 5.9%, to $7.42, while Canadian Natural Resources headed higher $1.32, or 3.3%, to $41.70.
In materials, First Quantum Minerals jumped $2.13, or 6.8%, to $33.70, while HudBay Minerals added 70 cents, or 6.7%, to $11.20.
On the economic front, Statistics Canada reported that the economy lost 207,000 jobs in April and the unemployment rate rose 0.6 percentage points to 8.1%.
This followed cumulative employment gains of 562,000 over the previous two months. … Read more