By Adriano Marchese
Toronto stocks were firmly in green territory at midday Friday.
On the macroeconomic front, employment in Canada edged lower in March as the labor force continued to grow in the country, taking the jobless rate to 6.1%, the highest in more than two years.
Most sectors were trending higher in the session, led by materials, tech and health tech. Of the few decliners, utilities logged the largest fall.
Canada's S&P/TSX Composite Index was up by 0.9% to 22241.93 and the blue-chip S&P/TSX 60 rose by 0.8% to 1333.21.
Shares in Karora Resources shares were 1.1% higher at 5.49 Canadian dollars ($4.05) after the gold miner said it remains confident it would achieve its full-year production targets despite hiccups in the first quarter. Shares were as high as C$5.66 earlier in the session.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
04-05-24 1217ET
