The S&P/TSX Composite Index rose 619 points or 2.9 per cent for the three months ended with Wednesday’s close. In sector terms, precious metals companies were the biggest positive influence on benchmark returns, while technology stocks were the clear laggards.
Agnico Eagle Mines Ltd. and Wheaton Precious Metals Corp. are both among the top five contributors to returns, adding 67 and 50 points respectively. Cameco Corp. rose 37 per cent, adding 57 points on Russian uranium supply disruptions and nuclear power optimism. Dollarama Inc. rounds out the top five, adding 49 points over three months with a 24 per cent rally.
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