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TSX Surges to New Heights, Extending Winning Streak to Nine Days
The Toronto Stock Exchange (TSX) continues its impressive rally, closing at yet another record high as its winning streak stretches to nine consecutive trading days. The benchmark S&P/TSX Composite Index rose 0.3%, adding 74.4 points to settle at 25,971.9.
This latest surge marks a 2.4% weekly gain, reinforcing investor optimism amid strong performances across multiple sectors. Healthcare led the charge with a 1.2% increase, while Basic Materials saw a slight dip of 0.2%.
Market analysts attribute the sustained momentum to robust corporate earnings, stable commodity prices, and easing trade tensions. With 74% of TSX-listed stocks closing higher, the bullish sentiment remains strong, fueling expectations for continued growth in the coming weeks.
Investors will be watching closely to see if the TSX can maintain its upward trajectory and extend its streak into double digits.
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