Bay Street stocks opened higher Tuesday amid buying across a variety of sectors, with the S&P/TSX Composite Index adding 164.68 points or 1.46 percent to 11,445.32.
The Diversified Materials Index gained over 4 percent, with Ivanhoe Mines (IVN.TO) surging close to 12 percent. First Quantum Minerals (FM.TO) rose over 4 percent, while Inmet Mining (IMN.TO) was adding almost 3 percent.
Among gold plays, Royal Gold (RGL.TO) rose more than 6 percent. Allied Nevada Gold (ANV.TO) and Agnico-Eagle Mines (AEM.TO) gained around 3 percent each.
In the financial space, TD Bank (TD.TO) and Scotiabank (BNS.TO) gathered around 2 percent each.
Meanwhile, Niko Resources (NKO.TO) dived close to 15 percent after relinquishing its interest in the D4 block in India.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.