Canada stocks jump, loonie tests parity

SAN FRANCISCO (MarketWatch) -- Canadian stocks rallied Tuesday after the long holiday weekend, with Toronto's benchmark equities index rising 141 points, or 1.2%, to 11,804. Leading sectors, metals and mining stocks jumped 3.8%, followed by a 2.2% rise in the materials sector /zigman2/quotes/210598474/delayed XX:TORGC195 -0.0090% and 2.1% climb by information technology equities /zigman2/quotes/210598463/delayed XX:TORGC194 +0.52% . Top percentage gainers among commodity companies were Ivanhoe Mines /zigman2/quotes/207656050/delayed CA:IVN -1.17% up 5.5%, class B shares Teck Resources adding 4.3%, and Second Wave Petroleum jumping 10.5%. Supporting the technology sector, shares of BlackBerry maker Research in Motion rose 5.2%. After four weeks of gains, the Canadian dollar again broke parity against its U.S. counterpart /zigman2/quotes/210561978/realtime/sampled USDCAD -0.0447% , with one U.S. dollar purchasing C$0.9969 vs. C$1.0006 Monday.

/zigman2/quotes/210598474/delayed

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S&P/TSX Capped Materials Index

XX : Canada: Toronto

332.40

-0.03 -0.0090%

Volume: 10.59M

June 5, 2023 11:52a

/zigman2/quotes/210598463/delayed

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S&P/TSX Capped Information Technology Index

XX : Canada: Toronto

187.75

+0.98 +0.52%

Volume: 3.54M

June 5, 2023 11:52a

/zigman2/quotes/207656050/delayed

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Ivanhoe Mines Ltd.

CA : Canada: Toronto

$ 10.99

-0.13 -1.17%

Volume: 338,027

June 5, 2023 11:52a

P/E Ratio

22.03

Dividend Yield

N/A

Market Cap

$13.50 billion

Rev. per Employee

N/A

/zigman2/quotes/210561978/realtime/sampled

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Canadian Dollar

US : Tullett Prebon

1.3424

-0.0006 -0.0447%

Volume: 0.0000

June 5, 2023 12:07p