India, April 22 -- Canadian stocks advanced on Wednesday after tumbling in the previous session as U.S. President Donald Trump extended the ceasefire in the U.S.-Iran war, which calmed the market. However, the ongoing blockade of Strait of Hormuz capped the gains.
After opening above yesterday's close, the benchmark S&P/TSX Composite Index gave back some ground but traded positive throughout the session before settling at 33,955.11, up by 146.81 points (or 0.43%).
Five of the 11 sectors posted gains today, with the healthcare sector leading the pack.
Today, market sentiments received a boost following the announcement of an extension of the ceasefire in the ongoing U.S.-Israel versus Iran war.
U.S.-Israeli forces attacked Iran on Februa...