Canadian stocks rose for a fifth day, the longest advance since February, as copper hit an 11-week high and Ukraine elected a new president.
Thompson Creek Metals Co. may suspend production at its two molybdenum mines if the price of the steel-strengthening ingredient falls further.
Canadian stocks fell for the first time in 13 days, ending the longest advance in almost two decades, as banks and technology companies slipped.
Canadian stocks rose the most in two weeks, following the biggest three-day slide since June, as commodities producers rallied and global equities rebounded.
Canadian stocks fell a second day, with the benchmark index dropping the most in seven months, as concern that a slowdown in China will hurt economic growth triggered a rout in global equities.
Canadian stocks fell for a second day, led by health-care and technology shares, amid a rout in U.S. equities fueled by selling of some of the bull market’s pest-performing shares.
Thompson Creek Metals Co., a producer of molybdenum from mines in Canada and the U.S., fell the most in more than three years after saying it will sell debt and shares to finance completion of a project in British Columbia.
Thompson Creek Metals Co. , the operator of two molybdenum mines in North America, agreed to acquire Terrane Metals Corp. for about C$650 million ($623.5 million) to diversify into copper and gold.
Canadian stocks rose for a third day as commodity prices advanced after U.S. reports showed consumer confidence surged and home values jumped.