By Adriano Marchese


Toronto stocks were modestly higher thanks largely to a push by tech stocks, which led the gainers.

More distantly, gains were found Friday in tech services and producer manufacturing stocks. On the declining side, energy led, followed by materials and distribution services.

On the broader economic front, unemployment in Canada jumped in November even with a strong pickup in hiring as more people were searching for work. The unemployment rate was 0.3 percentage point higher at 6.8%. Expectations were for the jobless rate to edge up to 6.6%.

Canada's S&P/TSX Composite Index rose by 0.3% to 25757.22 and the blue-chip S&P/TSX 60 increased 0.4% to 1545.53.

BRP shares rose by 7% to 72.83 Canadian dollars ($51.92) after the company maintained its guidance for the year after accounting for a discontinued marine segment.


Other market movers:


Torex Gold Resources shares fell by 13% to C$27.87 after it said it suspended operations in Mexico after three people died its mine.

SSR Mining shares rose 7.3% to C$9.16 after it agreed to acquire a Colorado gold mine from Newmont for up to $275 million.

OrganiGram Holdings shares rose 11% to C$2.25 after announcing that it acquired cannabis brand Motif Labs for C$90 million, expanding its footprint in the Canadian cannabis market.


Write to Adriano Marchese at adriano.marchese@wsj.com


(END) Dow Jones Newswires

12-06-24 1235ET