Toronto stocks moved up at open Tuesday amid marginal buying across a variety of sectors, with the S&P/TSX Composite Index adding 31.09 points or 0.26 percent to 11,788.97.
The Diversified Materials Index rose over 1 percent, with Inmet Mining (IMN.TO) surging nearly 6 percent. First Quantum Minerals (FM.TO) moved up 1 percent, while Teck Resources (TCK_B.TO) was losing nearly 1 percent.
Among gold plays, Royal Gold (RGL.TO) and Barrick Gold (ABX.TO) added close to 1 percent each.
Hardware dealer RONA inc. (RON.TO) jumped 21 percent to C$14.40 after its Board rejected a $14.50-per share acquisition proposal from U.S.-based Lowe's Companies, Inc. (LOW)
In the oil patch, Lundin Petroleum (LUP.TO) and Paramount Resources (POU.TO) gained about 3 percent each.
Meanwhile, oil fields services provider Trican Well Service (TCW.TO) lost 1 percent after slipping into the red in second-quarter.
Power company TransAlta Corp. (TA.TO) eased 0.25 percent after slipping into the red in second quarter.
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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.