By Adriano Marchese
Toronto stocks were firmly higher thanks to nearly all sectors trending higher in Canada.
Tech, health tech and tech services were the lead gainers midday Thursday, while only the health-service sector was lagging.
Canada's S&P/TSX Composite Index rose 0.9%, to 31453.17, and the blue-chip S&P/TSX 60 climbed 1%, to 1848.51.
Shares of BRP Inc., which manufacturers Ski-Doos and Sea-Doos, rose 6.4%, to 105.00 Canadian dollars (US$75.26), after it raised its fiscal 2026 outlook following strong revenue and earnings growth in the third quarter, driven by off-road-vehicle market-share gains and healthier inventory levels.
Other market movers:
Toronto-Dominion Bank shares rose 1.5%, to C$119.41, after it increased its dividend payout by 2.9% and reported quarterly growth in fee and trading income and domestic-banking volume.
Bank of Montreal also nudged up its dividend, boosting it by 2.5% after benefiting in the fourth quarter from a strong capital position and a drop in credit-loss provisions. The company reported underlying earnings and revenue for the period that came in stronger than expected. Shares rose 2.1%, to C$171.92.
MDA Space shares rose by 9.3%, to C$25.24, after the Canadian aerospace and defense company said it secured a C$44.7 million contract with the Canadian Space Agency.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
12-04-25 1225ET


















