Toronto Stocks Advance, Cameco, Brookfield Asset Management Rise on Power Partnership With U.S.

Dow Jones
10/29
 

By Adriano Marchese

 

Toronto-listed stocks were higher, despite a mixed performance among Canadian sectors.

Materials stocks were higher Tuesday, thanks to a broad push by Canadian uranium producers, followed by tech and distribution services. The top laggards were health services, energy materials and health tech.

Canada's S&P/TSX Composite Index rose 0.4% to 30392.76 and the blue-chip S&P/TSX 60 advanced by 0.3% to 1793.25.

Shares in Cameco and Brookfield Asset Management rose after forming a partnership with the U.S. government through their company Westinghouse Electric to help build up to $80 billion in nuclear reactors. Cameco shares jumped 22% to 147.82 Canadian dollars ($105.66), while Brookfield Asset Management shares rose 1.1% to C$77.23.

 

Other market movers:

 

Celestica climbed 5% to C$444.66 after the Canadian electronics manufacturing services company reported a jump in third-quarter revenue and profit, prompting it to boost to its outlook for the year. The performance was driven by growing demand for artificial intelligence hyperscalers, it said.

Other Canadian uranium stocks were also higher, piggybacking on the U.S. government partners with Cameco-Brookfield Asset Management's Westinghouse Electric. NexGen Energy rose 11% to C$13.19, Denison Mines was higher by 11% to C$4.31, and Energy Fuels rose 7.2% to C$28.65.

 

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

 

(END) Dow Jones Newswires

October 28, 2025 12:26 ET (16:26 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10