Bay Street stocks jumped at open Tuesday amid buying in commodities, with the S&P/TSX Composite Index adding 87.29 points or 0.72 percent to 12,163.32.
The Diversified Materials Index rose nearly 2 percent, with First Quantum Minerals (FM.TO), Inmet Mining (IMN.TO) and Teck Resources (TCK_B.TO) gaining around 2 percent each.
In the oil patch, Tourmaline Oil (TOU.TO), Cenovus Energy (CVE.TO) and Baytex Energy Corp. (BTE.TO) moved up around 1 percent each.
Gold stocks were trading higher amid a surge in bullion prices. Among gold plays, Allied Nevada Gold (ANV.TO), Royal Gold (RGL.TO), Barrick Gold (ABX.TO) and Goldcorp. (G.TO) gathered over 2 percent each. Kirkland Lake Gold (KGI.TO) gained about 4 percent.
Meanwhile, solar photovoltaic products maker Trina Solar Limited (TSL) surrendered nearly 2 percent after slipping into the red in second quarter, reporting net loss of $92.10 million compared to profit of $11.76 million last year. Loss per ADS was $1.30 compared to profit of $0.17 prior year. Analysts expected the company to report a loss of $0.79 per share this 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.