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Home 🌿 Marijuana Business News 🌿 Toronto index reverses losses to close higher, led by tech and cannabis 🌿Toronto index reverses losses to close higher, led by tech and cannabis
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Cloud-based learning management provider Docebo Inc (DCBO.TO) was the biggest gainer, rising 6%, with Lightspeed Commerce (LSPD.TO) and Shopify Inc (SHOP.TO) also among the top 10 stocks on the index.
Cannabis producer Organigram Holdings (OGI.TO) was the second-best performer, rising 5.4% and adding to Tuesday's 8.9% gains on better-than-expected quarterly revenues.
Energy stocks bucked a 0.3% decline in energy prices to rise 1.8% to the highest close since April 2019.
That helped offset declines in consumer stocks, utilities and materials.
Alimentation Couche-Tard (ATDb.TO) was the biggest loser on the index after the convenience store chain operator reported a decline in quarterly profits from a year ago.
Miners including New Gold (NGD.TO), Osisko Mining (OSK.TO) and Kinross Gold (K.TO) were among the 10 worst performers, with spot gold marginally lower.
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