Bay Street stocks moved higher at open Thursday amid marginal buying across a variety of sectors, with the S&P/TSX Composite Index adding 31.41 points or 0.27 percent to 11,464.63.
Information technology services provider CGI Group Inc. (GIB_A.TO) surged 15 percent after it said its wholly owned unit CGI Holdings Europe Limited would acquire Logica plc (LOG.L).
CE Franklin Ltd. (CFT.TO) skyrocketed 35 percent after it said it would be acquired by NOV Distribution Services ULC.
Among financial plays, CIBC (CM.TO) gathered over 1 percent after posting higher second-quarter net income. TD Bank (TD.TO), Royal Bank (RY.TO) and Scotiabank (BNS.TO) were up around 1 percent each.
In the oil patch, Pacific Rubiales Energy (PRE.TO) and Imperial Oil (IMO.TO) moved up around 1 percent each.
In the gold space, Agnico-Eagle Mines (AEM.TO) and Barrick Gold (ABX.TO) gained around 1 percent each.
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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.