Toronto stocks opened higher Thursday amid buying in commodities, with the S&P/TSX Composite Index surging 87.44 points or 0.76 percent to 11,666.60
The Diversified Materials Index rose about 2 percent, with First Quantum Minerals (FM.TO) adding nearly 3 percent. Inmet Mining (IMN.TO) and Teck Resources (TCK_B.TO) gathered around 2 percent each.
In the oil patch, Trican Well Services (TCW.TO) moved up 3 percent. Canadian Natural Resources (CNQ.TO) and Crescent Point Energy (CPG.TO) were up around 2 percent each.
Among gold stocks, Detour Gold (DGC.TO) rose 3 percent. Agnico-Eagle Mines (AEM.TO) and Allied Nevada Gold (ANV.TO) added over 1 percent each.
Shoppers Drug Mart Corp. (SC.TO) moved up 2 percent after posting improved second-quarter net earnings.
Meanwhile, real estate company Madison Pacific Properties Inc. (MPC.TO) shed close to 5 percent.
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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.