Toronto stocks rallied at open Friday supported by buying across a variety of sectors, with the S&P/TSX Composite Index adding 143.86 points or 1.25 percent to 11,650.36.
The Diversified Materials Index surged 2 percent, with Inmet Mining (IMN.TO) and Teck Resources (TCK_B.TO) gaining around 4 percent each. First Quantum Minerals (FM.TO) gathered over 2 percent.
In the oil patch, Imperial Oil (IMO.TO), Suncor Energy (SU.TO), Bonterra Energy (BNE.TO) and MEG Energy (MEG.TO) rose around 2 percent each.
Among financial plays, National Bank (NA.TO), Royal Bank (RY.TO) and CIBC (CM.TO) added around 2 percent each.
IGM Financial Inc. (IGM.TO) edged up 1 percent despite posting lower second-quarter net income.
Fertilizer maker Agrium Inc. (AGU.TO) gained close to 2 percent after reporting improved second quarter net earnings.
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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.