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CANADA STOCKS-TSX climbs on mining, tech strength as Mideast peace hopes reemerge
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CANADA STOCKS-TSX climbs on mining, tech strength as Mideast peace hopes reemerge
Apr 14, 2026 8:47 AM

(Updates prices and details throughout)

April 14 (Reuters) - Canada's main stock index rose on

Tuesday, with mining and tech shares leading gains, as the

potential resumption of U.S.-Iran talks rekindled hopes for

peace in the Middle East, easing investor worries while

pressuring the dollar and lifting gold prices.

At 10:43 a.m. ET, the Toronto Stock Exchange's S&P/TSX

Composite Index was up 0.3% at 33,982.05 points.

Negotiating teams from the U.S. and Iran could return to

Islamabad this week to resume talks to end the war, sources told

Reuters on Tuesday, after the collapse of weekend negotiations

prompted Washington to blockade Iranian ports.

Spot gold and silver rose 1.2% and 4.4%,

respectively, against a weaker dollar, helping the materials

subindex, which also houses metal miners, advance

0.8%.

Americas Gold and Silver Corporation ( USAS ) and Aya Gold &

Silver ( AYASF ) were among the top gainers on the index, rising

6.9% and 5.6%, respectively.

A weaker U.S. dollar makes greenback-priced bullion more

affordable for holders of other currencies.

Technology shares rose 2.5% and heavily weighted

financials advanced 0.5%, mirroring trends in Wall

Street's main indexes, even as traders assessed mixed results

from big banks JPMorgan ( JPM ), Citigroup ( C ) and Wells Fargo ( WFC )

.

Eight of the 10 sectors on the TSX were in the green.

The energy subindex fell 2.1%, however, as oil prices

slid on easing supply fears, pushing U.S. West Texas

Intermediate crude down 3% to $96 a barrel.

On the political front, Canadian Prime Minister Mark Carney

secured a parliamentary majority for his Liberal government on

Monday, a win that he has said will help him deal more

effectively with the trade war started by U.S. President Donald

Trump.

Among individual movers, defense contractor MDA Space ( MDA )

rose 8.2% to its highest level since August 2025.

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